7381 County Road 16PedroOH45659
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Pedro at 7381 County Road 16, Pedro, OH, 45659 uses $75,582 cash to close to unlock $1,514/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $1,626/mo, and a $1,116/mo payment keeps the spread at $126/mo. Purchase price stands at $228,000, and rental yield measures 8.56% with $1,626/mo rent. Return on cash invested shows 21.91% in year one, and 5% annual appreciation builds toward $62,992 over five years. Five-year ROI reaches 114.16% and total cumulative return in cash records $86,283. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,626/mo property income covering a $1,116/mo payment rather than investor’s personal income.
Single Family
Built in 1980
9.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45659, Pedro, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,168 (100%) |
| Owner Occupied HU | 864 (74.0%) |
| Renter Occupied HU | 170 (14.6%) |
| Vacant Housing Units | 134 (11.5%) |
| Median Home Value | $109,810 |
| Average Home Value | $152,989 |
Housing Distribution
Address Breakdown
Residential
1,046
Single Family
1,046
Multi-Family
0
Businesses
17
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