8311 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
Rental property for sale in Burbank at 8311 Garman Rd, Burbank, OH, 44214 priced at $155,220 converts $1,841/mo rent into $820/mo cash flow after a $760/mo obligation. Total monthly income equals $1,841/mo, and annual cash flow totals $9,837/yr on $51,455 invested. Return on cash invested prints 39.03% in year one, and rental yield reads 14.23% against a $155,220 entry. Equity gained on principal adds $1,002/yr, while 5% annual appreciation compiles into $42,884 by year five. Five-year ROI reaches 205.88% and total cumulative return in cash sums $105,937. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,841/mo property income covering a $760/mo payment, not borrower’s personal income.
Single Family
Built in 1987
2.05 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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