7498 Ruffner Rd NEBaltimoreOH43105
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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
Rental property for sale in Baltimore at 7498 Ruffner Rd NE, Baltimore, OH, 43105 priced at $874,000 converts $1,020/mo rent into after a $4,278/mo obligation. Total monthly income equals $1,020/mo. Return on cash invested prints 0.32% in year one, and rental yield reads 1.4% against a $874,000 entry. Equity gained on principal adds $5,640/yr, while 5% annual appreciation compiles into $241,470 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,020/mo property income covering a $4,278/mo payment, not borrower’s personal income.
Single Family
Built in 1998
23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43105, Baltimore, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,537 (100%) |
| Owner Occupied HU | 2,778 (78.5%) |
| Renter Occupied HU | 631 (17.8%) |
| Vacant Housing Units | 128 ( 3.6%) |
| Median Home Value | $352,314 |
| Average Home Value | $395,337 |
Housing Distribution
Address Breakdown
Residential
3,384
Single Family
3,220
Multi-Family
164
Businesses
190
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Listed by: Jerri K Furniss • Cutler Real Estate
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225007753
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