8606 Stone Oak DrHollandOH43528
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
Rental property for sale in Holland at 8606 Stone Oak Dr, Holland, OH, 43528 offers $2,678/mo rent that, after a $2,036/mo payment. Total monthly income is $2,678/mo. Return on cash invested measures 18.27% in year one, and rental yield stands at 7.72% at a $416,000 entry. Equity gained on principal adds $2,684/yr while 5% annual appreciation compounds into $114,933 by year five. Five-year ROI records 94.98% and total cumulative return in cash reaches $130,979. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,678/mo property income versus a $2,036/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1995
N/A lot
$N/A/sqft
$130 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43528, Holland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,856 (100%) |
| Owner Occupied HU | 4,885 (71.3%) |
| Renter Occupied HU | 1,642 (23.9%) |
| Vacant Housing Units | 329 ( 4.8%) |
| Median Home Value | $283,192 |
| Average Home Value | $313,594 |
Housing Distribution
Address Breakdown
Residential
6,910
Single Family
6,664
Multi-Family
246
Businesses
785
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Hudson • Key Realty LTD
Mls Name: NORIS
Mls ID: #6123119
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.