9879 Shepard RdMacedoniaOH44056
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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
Rental property for sale in Macedonia at 9879 Shepard Rd, Macedonia, OH, 44056 generates $1,261/mo in rent and, after a $807/mo payment, leaves $176/mo in cash flow. Total monthly income is $1,261/mo, and annual cash flow is $2,117/yr on $54,664 invested. Return on cash invested sits at 23.78% in year one, and rental yield is 9.18% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 124.17% and total cumulative return in cash sums $67,876. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,261/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44056, Macedonia, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,121 (100%) |
| Owner Occupied HU | 4,488 (87.6%) |
| Renter Occupied HU | 460 ( 9.0%) |
| Vacant Housing Units | 173 ( 3.4%) |
| Median Home Value | $329,079 |
| Average Home Value | $338,703 |
Housing Distribution
Address Breakdown
Residential
5,051
Single Family
4,835
Multi-Family
216
Businesses
408
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