8273 Garman RdBurbankOH44214
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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 Burbank at 8273 Garman Rd, Burbank, OH, 44214 uses $85,361 cash to close to unlock $3,510/yr annual cash flow and $293/mo monthly cash flow. Total monthly income runs $1,986/mo, and a $1,260/mo payment keeps the spread at $293/mo. Purchase price stands at $257,500, and rental yield measures 9.26% with $1,986/mo rent. Return on cash invested shows 24.02% in year one, and 5% annual appreciation builds toward $71,143 over five years. Five-year ROI reaches 125.43% and total cumulative return in cash records $107,065. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,986/mo property income covering a $1,260/mo payment rather than investor’s personal income.
Single Family
Built in 1900
9.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44214, Burbank, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 779 (100%) |
| Owner Occupied HU | 621 (79.7%) |
| Renter Occupied HU | 111 (14.2%) |
| Vacant Housing Units | 47 ( 6.0%) |
| Median Home Value | $267,378 |
| Average Home Value | $288,627 |
Housing Distribution
Address Breakdown
Residential
801
Single Family
801
Multi-Family
0
Businesses
78
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