8959 Crescent StLakeviewOH43331
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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
Rental property for sale in Lakeview at 8959 Crescent St, Lakeview, OH, 43331 generates $1,485/mo in rent and, after a $905/mo payment, leaves $269/mo in cash flow. Total monthly income is $1,485/mo, and annual cash flow is $3,223/yr on $61,328 invested. Return on cash invested sits at 25.16% in year one, and rental yield is 9.63% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 131.55% and total cumulative return in cash sums $80,679. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,485/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
6,400 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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