9207 Plank RdNorth BloomfieldOH44450
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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 North Bloomfield at 9207 Plank Rd, North Bloomfield, OH, 44450 generates $1,825/mo in rent, after a $1,614/mo payment. Total monthly income is $1,825/mo. Return on cash invested sits at 16.13% in year one, and rental yield is 6.64% on a $329,800 entry. Equity gained on principal adds $2,128/yr, while 5% annual appreciation builds toward $91,118 over five years. Five-year ROI reaches 83.09% and total cumulative return in cash sums $90,836. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,825/mo property income rather than buyer’s personal income.
Single Family
Built in 1901
7.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44450, North Bloomfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 978 (100%) |
| Owner Occupied HU | 706 (72.2%) |
| Renter Occupied HU | 143 (14.6%) |
| Vacant Housing Units | 129 (13.2%) |
| Median Home Value | $228,481 |
| Average Home Value | $249,001 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
28
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Listed by: Clifford Straitiff • Brokers Realty Group
Mls Name: MLS Now
Mls Provider:
Mls ID: #5120944
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