7824 Beech AveRussells PointOH43348
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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 Russells Point at 7824 Beech Ave, Russells Point, OH, 43348 offers $2,052/mo rent that, after a $2,736/mo payment. Total monthly income is $2,052/mo. Return on cash invested measures 9.46% in year one, and rental yield stands at 4.41% at a $559,000 entry. Equity gained on principal adds $3,607/yr while 5% annual appreciation compounds into $154,441 by year five. Five-year ROI records 47.3% and total cumulative return in cash reaches $86,991. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,052/mo property income versus a $2,736/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43348, Russells Point, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,487 (100%) |
| Owner Occupied HU | 544 (36.6%) |
| Renter Occupied HU | 261 (17.6%) |
| Vacant Housing Units | 682 (45.9%) |
| Median Home Value | $218,750 |
| Average Home Value | $284,223 |
Housing Distribution
Address Breakdown
Residential
1,039
Single Family
1,036
Multi-Family
3
Businesses
122
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Listed by: Julie Schrader • Zimmerman Realty, Ltd.
Mls Name: WRIST
Mls Provider:
Mls ID: #1033491
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.