922 W Court StUrbanaOH43078
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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 Urbana at 922 W Court St, Urbana, OH, 43078 uses $59,670 cash to close to unlock $5,376/yr annual cash flow and $448/mo monthly cash flow. Total monthly income runs $1,632/mo, and a $881/mo payment keeps the spread at $448/mo. Purchase price stands at $180,000, and rental yield measures 10.88% with $1,632/mo rent. Return on cash invested shows 28.92% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 151.64% and total cumulative return in cash records $90,485. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,632/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1962
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43078, Urbana, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,456 (100%) |
| Owner Occupied HU | 6,238 (66.0%) |
| Renter Occupied HU | 2,505 (26.5%) |
| Vacant Housing Units | 713 ( 7.5%) |
| Median Home Value | $200,871 |
| Average Home Value | $247,874 |
Housing Distribution
Address Breakdown
Residential
8,838
Single Family
8,342
Multi-Family
496
Businesses
679
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