992 Mill StConneautOH44030
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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 Conneaut at 992 Mill St, Conneaut, OH, 44030 listed at $129,900 pairs $0/mo rent with a $636/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -3.91% in year one, and rental yield registers 0% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1909
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44030, Conneaut, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,187 (100%) |
| Owner Occupied HU | 4,400 (61.2%) |
| Renter Occupied HU | 1,638 (22.8%) |
| Vacant Housing Units | 1,149 (16.0%) |
| Median Home Value | $157,345 |
| Average Home Value | $186,701 |
Housing Distribution
Address Breakdown
Residential
6,407
Single Family
6,163
Multi-Family
244
Businesses
362
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices