85 Monroe StMonroevilleOH44847
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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 Monroeville at 85 Monroe St, Monroeville, OH, 44847 uses $65,969 cash to close to unlock $5,148/yr annual cash flow and $429/mo monthly cash flow. Total monthly income runs $1,738/mo, and a $974/mo payment keeps the spread at $429/mo. Purchase price stands at $199,000, and rental yield measures 10.48% with $1,738/mo rent. Return on cash invested shows 27.71% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 145.28% and total cumulative return in cash records $95,838. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,738/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1843
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44847, Monroeville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,501 (100%) |
| Owner Occupied HU | 1,139 (75.9%) |
| Renter Occupied HU | 276 (18.4%) |
| Vacant Housing Units | 86 ( 5.7%) |
| Median Home Value | $199,867 |
| Average Home Value | $230,217 |
Housing Distribution
Address Breakdown
Residential
1,316
Single Family
1,298
Multi-Family
18
Businesses
84
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Listed by: Jay A. Ewell • Ewell & Associates
Mls Name: Firelands MLS
Mls ID: #20251754
Disclaimer: Listing information is deemed reliable, but not guaranteed.