7802 Chaffee RdNorthfieldOH44067
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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
Investment property for sale in Northfield at 7802 Chaffee Rd, Northfield, OH, 44067 earns from $2,274/mo rent with a $2,716/mo payment. Total monthly income totals $2,274/mo. ROI tracks 11.02% on current figures, and rental yield reads 4.92% at a $554,900 purchase. Equity gained on principal adds $3,581/yr, and 5% annual appreciation supports $153,309 over five years. Five-year ROI reaches 55.62% and total cumulative return in cash sums $101,544. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,274/mo property income instead of your personal income.
Single Family
Built in 1989
3.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44067, Northfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,881 (100%) |
| Owner Occupied HU | 7,229 (81.4%) |
| Renter Occupied HU | 1,393 (15.7%) |
| Vacant Housing Units | 259 ( 2.9%) |
| Median Home Value | $283,482 |
| Average Home Value | $302,728 |
Housing Distribution
Address Breakdown
Residential
8,890
Single Family
8,187
Multi-Family
703
Businesses
472
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Listed by: Theresa Allen • Cutler Real Estate
Mls Name: MLS Now
Mls ID: #5158644