Cortland Plan, Blues CreekOstranderOH43061
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 Ostrander at Cortland Plan, Blues Creek, Ostrander, OH, 43061 priced at $535,990 pairs $3,947/mo rent with $422/mo cash flow after a $2,623/mo payment. Total monthly income equals $3,947/mo, and annual cash flow comes to $5,061/yr on $176,341 invested. Return on cash invested is 22.93% in year one, and rental yield stands at 8.84% on a $535,990 basis. Equity gained on principal adds $3,459/yr, and 5% annual appreciation accumulates to $148,084 by year five. Five-year ROI measures 119.52% and total cumulative return in cash reaches $210,759. For financing, Ziffy Mortgage’s DSCR program evaluates $3,947/mo property income against a $2,623/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43061, Ostrander, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,770 (100%) |
| Owner Occupied HU | 1,559 (88.1%) |
| Renter Occupied HU | 131 ( 7.4%) |
| Vacant Housing Units | 80 ( 4.5%) |
| Median Home Value | $478,672 |
| Average Home Value | $517,457 |
Housing Distribution
Address Breakdown
Residential
1,847
Single Family
1,847
Multi-Family
0
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
