943 E Lawn Ave APT 29UrbanaOH43078
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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 943 E Lawn Ave APT 29, Urbana, OH, 43078 uses $80,803 cash to close to unlock $9,500/yr annual cash flow and $792/mo monthly cash flow. Total monthly income runs $2,395/mo, and a $1,193/mo payment keeps the spread at $792/mo. Purchase price stands at $243,750, and rental yield measures 11.79% with $2,395/mo rent. Return on cash invested shows 31.67% in year one, and 5% annual appreciation builds toward $67,344 over five years. Five-year ROI reaches 166.41% and total cumulative return in cash records $134,464. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,395/mo property income covering a $1,193/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A 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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