7520 Hunters Hollow TrlNoveltyOH44072
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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 Novelty at 7520 Hunters Hollow Trl, Novelty, OH, 44072 priced at $699,900 converts $6,118/mo rent into $1,514/mo cash flow after a $3,426/mo obligation. Total monthly income equals $6,118/mo, and annual cash flow totals $18,166/yr on $230,267 invested. Return on cash invested prints 27.95% in year one, and rental yield reads 10.49% against a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation compiles into $193,369 by year five. Five-year ROI reaches 146.44% and total cumulative return in cash sums $337,196. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,118/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 1987
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44072, Novelty, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,878 (100%) |
| Owner Occupied HU | 1,629 (86.7%) |
| Renter Occupied HU | 140 ( 7.5%) |
| Vacant Housing Units | 109 ( 5.8%) |
| Median Home Value | $381,695 |
| Average Home Value | $559,283 |
Housing Distribution
Address Breakdown
Residential
1,865
Single Family
1,865
Multi-Family
0
Businesses
139
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