7858 Erie StSylvaniaOH43560
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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 Sylvania at 7858 Erie St, Sylvania, OH, 43560 generates $2,231/mo in rent and, after a $1,321/mo payment, leaves $456/mo in cash flow. Total monthly income is $2,231/mo, and annual cash flow is $5,468/yr on $89,472 invested. Return on cash invested sits at 26.02% in year one, and rental yield is 9.92% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 136.14% and total cumulative return in cash sums $121,806. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,231/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43560, Sylvania, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,204 (100%) |
| Owner Occupied HU | 10,566 (74.4%) |
| Renter Occupied HU | 2,902 (20.4%) |
| Vacant Housing Units | 736 ( 5.2%) |
| Median Home Value | $295,897 |
| Average Home Value | $327,876 |
Housing Distribution
Address Breakdown
Residential
14,283
Single Family
12,684
Multi-Family
1,599
Businesses
1,005
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