8357 Meghan DrSylvaniaOH43560
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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 Sylvania at 8357 Meghan Dr, Sylvania, OH, 43560 at $319,900 posts ROI 26.48% with $581/mo cash flow from $2,720/mo rent. Total monthly income equals $2,720/mo, and annual cash flow records $6,966/yr on $106,047 to close. Return on cash invested measures 26.48% and rental yield reads 10.2% at the current $319,900. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 by year five. Five-year ROI prints 138.74% and total cumulative return in cash totals $147,128.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,720/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43560, Sylvania, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,204 (100%) |
| Owner Occupied HU | 10,566 (74.4%) |
| Renter Occupied HU | 2,902 (20.4%) |
| Vacant Housing Units | 736 ( 5.2%) |
| Median Home Value | $295,897 |
| Average Home Value | $327,876 |
Housing Distribution
Address Breakdown
Residential
14,283
Single Family
12,684
Multi-Family
1,599
Businesses
1,005
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Listed by: Jack Schroeder • Epic Homes Real Estate
Mls Name: NORIS
Mls ID: #6121624
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 NORIS. All rights reserved.