76 Pearce PlUrbanaOH43078
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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 Urbana at 76 Pearce Pl, Urbana, OH, 43078 priced at $220,000 pairs $2,126/mo rent with $679/mo cash flow after a $1,077/mo payment. Total monthly income equals $2,126/mo, and annual cash flow comes to $8,144/yr on $72,930 invested. Return on cash invested is 31.08% in year one, and rental yield stands at 11.6% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 163.24% and total cumulative return in cash reaches $119,051. For financing, Ziffy Mortgage’s DSCR program evaluates $2,126/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1981
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43078, Urbana, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,456 (100%) |
| Owner Occupied HU | 6,238 (66.0%) |
| Renter Occupied HU | 2,505 (26.5%) |
| Vacant Housing Units | 713 ( 7.5%) |
| Median Home Value | $200,871 |
| Average Home Value | $247,874 |
Housing Distribution
Address Breakdown
Residential
8,838
Single Family
8,342
Multi-Family
496
Businesses
679
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