8420 Dewey RdMontvilleOH44064
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Montville at 8420 Dewey Rd, Montville, OH, 44064 uses $107,738 cash to close to unlock $7,235/yr annual cash flow and $603/mo monthly cash flow. Total monthly income runs $2,741/mo, and a $1,591/mo payment keeps the spread at $603/mo. Purchase price stands at $325,000, and rental yield measures 10.12% with $2,741/mo rent. Return on cash invested shows 26.62% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 139.35% and total cumulative return in cash records $150,133. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,741/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 2005
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44064, Montville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 797 (100%) |
| Owner Occupied HU | 675 (84.7%) |
| Renter Occupied HU | 59 ( 7.4%) |
| Vacant Housing Units | 63 ( 7.9%) |
| Median Home Value | $277,381 |
| Average Home Value | $300,907 |
Housing Distribution
Address Breakdown
Residential
645
Single Family
645
Multi-Family
0
Businesses
48
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Nearby investment properties with comparable prices
Listed by: Claire Jazbec • Keller Williams Greater Cleveland Northeast
Mls Name: MLS Now
Mls Provider:
Mls ID: #5131216
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