742 Northfield RdBedfordOH44146
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Nearby investment properties with comparable prices
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
Rental property for sale in Bedford at 742 Northfield Rd, Bedford, OH, 44146 offers $1,056/mo rent that, after a $660/mo payment, leaves $169/mo cash flow. Total monthly income is $1,056/mo, and annual cash flow is $2,027/yr on $44,719 cash. Return on cash invested measures 24.44% in year one, and rental yield stands at 9.39% at a $134,900 entry. Equity gained on principal adds $870/yr while 5% annual appreciation compounds into $37,270 by year five. Five-year ROI records 127.66% and total cumulative return in cash reaches $57,089. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,056/mo property income versus a $660/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
9,448 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44146, Bedford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,626 (100%) |
| Owner Occupied HU | 8,083 (51.7%) |
| Renter Occupied HU | 6,440 (41.2%) |
| Vacant Housing Units | 1,103 ( 7.1%) |
| Median Home Value | $171,047 |
| Average Home Value | $211,867 |
Housing Distribution
Address Breakdown
Residential
14,944
Single Family
10,555
Multi-Family
4,389
Businesses
1,314
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