7907 Main RdBerlin HeightsOH44814
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Nearby investment properties with comparable prices
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 Berlin Heights at 7907 Main Rd, Berlin Heights, OH, 44814 offers $1,980/mo rent that, after a $1,370/mo payment, leaves $139/mo cash flow. Total monthly income is $1,980/mo, and annual cash flow is $1,664/yr on $92,820 cash. Return on cash invested measures 21.7% in year one, and rental yield stands at 8.49% at a $280,000 entry. Equity gained on principal adds $1,807/yr while 5% annual appreciation compounds into $77,359 by year five. Five-year ROI records 112.96% and total cumulative return in cash reaches $104,853. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,980/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44814, Berlin Heights, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,148 (100%) |
| Owner Occupied HU | 943 (82.1%) |
| Renter Occupied HU | 123 (10.7%) |
| Vacant Housing Units | 82 ( 7.1%) |
| Median Home Value | $280,019 |
| Average Home Value | $285,164 |
Housing Distribution
Address Breakdown
Residential
1,063
Single Family
1,063
Multi-Family
0
Businesses
50
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Listed by: Shanna M. Keefer • North Bay Realty, LLC
Mls Name: Firelands MLS
Mls ID: #20251226
Disclaimer: Listing information is deemed reliable, but not guaranteed.