8217 Center StGarrettsvilleOH44231
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 Garrettsville at 8217 Center St, Garrettsville, OH, 44231 at $119,900 posts ROI 31.05% with $369/mo cash flow from $1,158/mo rent. Total monthly income equals $1,158/mo, and annual cash flow records $4,430/yr on $39,747 to close. Return on cash invested measures 31.05% and rental yield reads 11.59% at the current $119,900. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 by year five. Five-year ROI prints 163.24% and total cumulative return in cash totals $64,884.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,158/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1901
9,626 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44231, Garrettsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,430 (100%) |
| Owner Occupied HU | 2,723 (79.4%) |
| Renter Occupied HU | 527 (15.4%) |
| Vacant Housing Units | 180 ( 5.2%) |
| Median Home Value | $236,682 |
| Average Home Value | $266,403 |
Housing Distribution
Address Breakdown
Residential
3,469
Single Family
3,310
Multi-Family
159
Businesses
202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon L Collins • Serenity Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5111104
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