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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Amherst at 9869 Gifford Rd, Amherst, OH, 44001 offers a 8.18% rental yield on a $285,000 purchase with $1,942/mo rent. Total monthly income registers $1,942/mo, and a $1,395/mo payment leaves $67/mo available for distribution. Annual cash flow reaches $807/yr on $94,478 to close, and return on cash invested stands at 20.76% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 107.96% and total cumulative return in cash at $101,994. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,942/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
5.21 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44001, Amherst, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,218 (100%) |
| Owner Occupied HU | 7,702 (83.6%) |
| Renter Occupied HU | 1,154 (12.5%) |
| Vacant Housing Units | 362 ( 3.9%) |
| Median Home Value | $254,032 |
| Average Home Value | $275,217 |
Residential
9,107
Single Family
8,815
Multi-Family
292
Businesses
627
Date | Event | Price |
|---|---|---|
| 2025-07-24 | Sold | $285,000 |
| 2025-06-17 | Pending sale | $289,900 |
| 2025-06-06 | Listed for sale | $289,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $1131.55 | 8.57% | $24,680 | 21.82% |
| 2023-10-10 | $1042.21 | -24.71% | $20,260 | -28.16% |
| 2022-10-10 | $1384.24 | 4.02% | $28,200 | 1.66% |
Listed by: Jeffrey E Smith • Howard Hanna
Mls Name: MLS Now
Mls ID: #5125264
