847 Fairway DrHowardOH43028
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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 Howard at 847 Fairway Dr, Howard, OH, 43028 earns $597/mo cash flow from $2,668/mo rent with a $1,541/mo payment. Total monthly income totals $2,668/mo, and annual cash flow totals $7,163/yr on $104,389 capital. ROI tracks 26.77% on current figures, and rental yield reads 10.17% at a $314,900 purchase. Equity gained on principal adds $2,032/yr, and 5% annual appreciation supports $87,001 over five years. Five-year ROI reaches 140.14% and total cumulative return in cash sums $146,290. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,668/mo property income instead of your personal income.
Single Family
Built in 1993
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43028, Howard, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,944 (100%) |
| Owner Occupied HU | 2,753 (69.8%) |
| Renter Occupied HU | 379 ( 9.6%) |
| Vacant Housing Units | 812 (20.6%) |
| Median Home Value | $276,205 |
| Average Home Value | $342,382 |
Housing Distribution
Address Breakdown
Residential
3,572
Single Family
3,572
Multi-Family
0
Businesses
84
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