8039 Shelley RdMendonOH45862
Nearby investment properties with comparable rents
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
Investment property for sale in Mendon at 8039 Shelley Rd, Mendon, OH, 45862 listed at $149,900 pairs $1,553/mo rent with a $734/mo payment to leave $567/mo cash flow. Total monthly income runs $1,553/mo, and annual cash flow reaches $6,800/yr on $49,692 cash to close. Return on cash invested measures 33.59% in year one, and rental yield registers 12.43% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 176.77% and total cumulative return in cash totals $87,839. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,553/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45862, Mendon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 587 (100%) |
| Owner Occupied HU | 442 (75.3%) |
| Renter Occupied HU | 89 (15.2%) |
| Vacant Housing Units | 56 ( 9.5%) |
| Median Home Value | $154,762 |
| Average Home Value | $195,984 |
Housing Distribution
Address Breakdown
Residential
459
Single Family
459
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sheena Ross • Way Maker Real Estate Group
Mls Name: WCAR OH
Mls Provider:
Mls ID: #306996
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. Information is deemed reliable but not guaranteed.