819 Race StDoverOH44622
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
Rental property for sale in Dover at 819 Race St, Dover, OH, 44622 priced at $199,900 pairs $1,554/mo rent with $240/mo cash flow after a $978/mo payment. Total monthly income equals $1,554/mo, and annual cash flow comes to $2,874/yr on $66,267 invested. Return on cash invested is 24.25% in year one, and rental yield stands at 9.33% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 126.63% and total cumulative return in cash reaches $83,917. For financing, Ziffy Mortgage’s DSCR program evaluates $1,554/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
5,131 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44622, Dover, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,285 (100%) |
| Owner Occupied HU | 5,472 (66.0%) |
| Renter Occupied HU | 2,243 (27.1%) |
| Vacant Housing Units | 570 ( 6.9%) |
| Median Home Value | $232,976 |
| Average Home Value | $281,470 |
Housing Distribution
Address Breakdown
Residential
7,946
Single Family
7,548
Multi-Family
398
Businesses
704
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices