8982 Auditorium 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
Investment property for sale in Lakeview at 8982 Auditorium St, Lakeview, OH, 43331 with 5% annual appreciation on a $199,900 basis while $1,910/mo rent supports operations. Total monthly income totals $1,910/mo and a $978/mo payment preserves $596/mo for cash returns. Annual cash flow comes to $7,146/yr on $66,267 deployed, and return on cash invested reaches 30.69% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 11.47%. Five-year ROI measures 161.22% and total cumulative return in cash totals $106,837.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,910/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
9,147 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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Listed by: Kyle Springs • Zimmerman Realty Ltd.
Mls Name: WRIST
Mls Provider:
Mls ID: #1031661
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.