7648 N 2nd AveClintonOH44216
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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 Clinton at 7648 N 2nd Ave, Clinton, OH, 44216 generates $1,560/mo in rent and, after a $891/mo payment, leaves $363/mo in cash flow. Total monthly income is $1,560/mo, and annual cash flow is $4,352/yr on $60,333 invested. Return on cash invested sits at 27.12% in year one, and rental yield is 10.29% on a $182,000 entry. Equity gained on principal adds $1,174/yr, while 5% annual appreciation builds toward $50,283 over five years. Five-year ROI reaches 142.07% and total cumulative return in cash sums $85,713. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,560/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44216, Clinton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,024 (100%) |
| Owner Occupied HU | 3,461 (86.0%) |
| Renter Occupied HU | 404 (10.0%) |
| Vacant Housing Units | 159 ( 4.0%) |
| Median Home Value | $271,636 |
| Average Home Value | $303,423 |
Housing Distribution
Address Breakdown
Residential
3,701
Single Family
3,701
Multi-Family
0
Businesses
114
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