940 Cherry StPerrysburgOH43551
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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 Perrysburg at 940 Cherry St, Perrysburg, OH, 43551 uses $66,267 cash to close to unlock $9,486/yr annual cash flow and $791/mo monthly cash flow. Total monthly income runs $2,105/mo, and a $978/mo payment keeps the spread at $791/mo. Purchase price stands at $199,900, and rental yield measures 12.64% with $2,105/mo rent. Return on cash invested shows 34.22% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 180.16% and total cumulative return in cash records $119,389. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,105/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43551, Perrysburg, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,771 (100%) |
| Owner Occupied HU | 12,634 (63.9%) |
| Renter Occupied HU | 6,082 (30.8%) |
| Vacant Housing Units | 1,055 ( 5.3%) |
| Median Home Value | $314,912 |
| Average Home Value | $333,543 |
Housing Distribution
Address Breakdown
Residential
19,425
Single Family
15,593
Multi-Family
3,832
Businesses
1,106
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Listed by: Suzanne Herron • Keller Williams Citywide
Mls Name: NORIS
Mls ID: #6132213