852 Doris CirPainesvilleOH44077
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 Painesville at 852 Doris Cir, Painesville, OH, 44077 offers a 12.31% rental yield on a $212,150 purchase with $2,176/mo rent. Total monthly income registers $2,176/mo, and a $1,038/mo payment leaves $781/mo available for distribution. Annual cash flow reaches $9,371/yr on $70,328 to close, and return on cash invested stands at 33.23% in year one. Equity gained on principal adds $1,369/yr while 5% annual appreciation supports $58,613 over five years. Portfolio math shows five-year ROI at 174.8% and total cumulative return in cash at $122,935. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,176/mo property income against a $1,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44077, Painesville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,374 (100%) |
| Owner Occupied HU | 17,667 (69.6%) |
| Renter Occupied HU | 6,312 (24.9%) |
| Vacant Housing Units | 1,395 ( 5.5%) |
| Median Home Value | $257,846 |
| Average Home Value | $298,922 |
Housing Distribution
Address Breakdown
Residential
24,650
Single Family
23,364
Multi-Family
1,286
Businesses
1,304
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Nearby investment properties with comparable prices
Listed by: Deana Bram • McDowell Homes Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5141697
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