83 Lake Shore DrStruthersOH44471
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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
Rental property for sale in Struthers at 83 Lake Shore Dr, Struthers, OH, 44471 priced at $180,000 converts $1,392/mo rent into $208/mo cash flow after a $881/mo obligation. Total monthly income equals $1,392/mo, and annual cash flow totals $2,496/yr on $59,670 invested. Return on cash invested prints 24.09% in year one, and rental yield reads 9.28% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 125.76% and total cumulative return in cash sums $75,041. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,392/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1971
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44471, Struthers, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,828 (100%) |
| Owner Occupied HU | 3,118 (64.6%) |
| Renter Occupied HU | 1,262 (26.1%) |
| Vacant Housing Units | 448 ( 9.3%) |
| Median Home Value | $93,571 |
| Average Home Value | $120,633 |
Housing Distribution
Address Breakdown
Residential
4,607
Single Family
4,352
Multi-Family
255
Businesses
261
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