Continental II Plan, Port SideAvon LakeOH44012
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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 Avon Lake at Continental II Plan, Port Side, Avon Lake, OH, 44012 priced at $503,990 converts $4,728/mo rent into $1,413/mo cash flow after a $2,467/mo obligation. Total monthly income equals $4,728/mo, and annual cash flow totals $16,951/yr on $165,813 invested. Return on cash invested prints 30.28% in year one, and rental yield reads 11.26% against a $503,990 entry. Equity gained on principal adds $3,252/yr, while 5% annual appreciation compiles into $139,243 by year five. Five-year ROI reaches 158.96% and total cumulative return in cash sums $263,568. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,728/mo property income covering a $2,467/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44012, Avon Lake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,204 (100%) |
| Owner Occupied HU | 8,709 (77.7%) |
| Renter Occupied HU | 2,105 (18.8%) |
| Vacant Housing Units | 390 ( 3.5%) |
| Median Home Value | $378,148 |
| Average Home Value | $414,933 |
Housing Distribution
Address Breakdown
Residential
10,872
Single Family
9,810
Multi-Family
1,062
Businesses
506
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