8218 Park AveGarrettsvilleOH44231
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 8218 Park Ave, Garrettsville, OH, 44231 in Garrettsville is priced for capital growth, not immediate cash flow. The $307,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $84,818 by year five, with $2,828/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Multi Family
Built in 1900
8,494 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
No similar rental properties found nearby.
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
Multi Family
Built in 1900
8,494 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
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS Now
Mls ID: #5211744