8876 N Leroy RdWestfield CenterOH44251
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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 Westfield Center at 8876 N Leroy Rd, Westfield Center, OH, 44251 at $389,900 posts ROI 21.77% with $201/mo cash flow from $2,765/mo rent. Total monthly income equals $2,765/mo, and annual cash flow records $2,408/yr on $129,252 to close. Return on cash invested measures 21.77% and rental yield reads 8.51% at the current $389,900. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 by year five. Five-year ROI prints 113.35% and total cumulative return in cash totals $146,509.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,765/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44251, Westfield Center, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 411 (100%) |
| Owner Occupied HU | 355 (86.4%) |
| Renter Occupied HU | 23 ( 5.6%) |
| Vacant Housing Units | 33 ( 8.0%) |
| Median Home Value | $387,705 |
| Average Home Value | $379,239 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
41
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Listed by: Robin A Ward • Howard Hanna
Mls Name: MLS Now
Mls ID: #5117443