9732 Erie Ave SWBeach CityOH44608
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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 Beach City at 9732 Erie Ave SW, Beach City, OH, 44608 offers a 2.71% rental yield on a $424,900 purchase with $960/mo rent. 27% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,392 over five years. Portfolio math shows five-year ROI at 19.51% and total cumulative return in cash at $27,477. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $960/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
2.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44608, Beach City, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,121 (100%) |
| Owner Occupied HU | 819 (73.1%) |
| Renter Occupied HU | 223 (19.9%) |
| Vacant Housing Units | 79 ( 7.0%) |
| Median Home Value | $230,242 |
| Average Home Value | $242,466 |
Housing Distribution
Address Breakdown
Residential
804
Single Family
767
Multi-Family
37
Businesses
46
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Listed by: Dayna Edwards • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5166254