Ashton Plan, Renaissance Park at Geauga LakeAuroraOH44202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Aurora at Ashton Plan, Renaissance Park at Geauga Lake, Aurora, OH, 44202 priced at $341,990 converts $3,246/mo rent into $996/mo cash flow after a $1,674/mo obligation. Total monthly income equals $3,246/mo, and annual cash flow totals $11,956/yr on $113,370 invested. Return on cash invested prints 30.45% in year one, and rental yield reads 11.39% against a $341,990 entry. Equity gained on principal adds $2,207/yr, while 5% annual appreciation compiles into $94,486 by year five. Five-year ROI reaches 159.93% and total cumulative return in cash sums $181,315. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,246/mo property income covering a $1,674/mo payment, not borrower’s personal income.
Townhouse
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44202, Aurora, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,208 (100%) |
| Owner Occupied HU | 7,394 (80.3%) |
| Renter Occupied HU | 1,332 (14.5%) |
| Vacant Housing Units | 482 ( 5.2%) |
| Median Home Value | $383,597 |
| Average Home Value | $431,701 |
Housing Distribution
Address Breakdown
Residential
9,208
Single Family
8,077
Multi-Family
1,131
Businesses
590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
