8889 Lake AveLakeviewOH43331
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 Lakeview at 8889 Lake Ave, Lakeview, OH, 43331 at $189,900 posts ROI 24.07% with $218/mo cash flow from $1,467/mo rent. Total monthly income equals $1,467/mo, and annual cash flow records $2,620/yr on $62,952 to close. Return on cash invested measures 24.07% and rental yield reads 9.27% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 125.68% and total cumulative return in cash totals $79,121.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,467/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1983
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43331, Lakeview, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,012 (100%) |
| Owner Occupied HU | 1,676 (41.8%) |
| Renter Occupied HU | 480 (12.0%) |
| Vacant Housing Units | 1,856 (46.3%) |
| Median Home Value | $211,699 |
| Average Home Value | $252,800 |
Housing Distribution
Address Breakdown
Residential
2,399
Single Family
2,399
Multi-Family
0
Businesses
85
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Nearby investment properties with comparable prices
Listed by: Linda Kilgore • Choice Properties Real Estate
Mls Name: WRIST
Mls Provider:
Mls ID: #1037549
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.