9616 Orchard AveLakeviewOH43331
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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 9616 Orchard Ave, Lakeview, OH, 43331 uses $53,040 cash to close to unlock $9,752/yr annual cash flow and $813/mo monthly cash flow. Total monthly income runs $1,865/mo, and a $783/mo payment keeps the spread at $813/mo. Purchase price stands at $160,000, and rental yield measures 13.99% with $1,865/mo rent. Return on cash invested shows 38.29% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 201.97% and total cumulative return in cash records $107,126. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,865/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1935
0.35 Acres 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: Tina Pearson • Choice Properties Real Estate, Inc.
Mls Name: WCAR OH
Mls Provider:
Mls ID: #308026
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. Information is deemed reliable but not guaranteed.