Daffodil Plan, Harvest Meadows, Elyria, OH, 44035 | $514/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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Daffodil Plan, Harvest Meadows, Elyria, OH, 44035 | $514/mo Cash Flow | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Elyria at Daffodil Plan, Harvest Meadows, Elyria, OH, 44035 with 5% annual appreciation on a $307,990 basis while $2,539/mo rent supports operations. Total monthly income totals $2,539/mo and a $1,507/mo payment preserves $514/mo for cash returns. Annual cash flow comes to $6,163/yr on $102,099 deployed, and return on cash invested reaches 25.94% in year one. Equity gained on principal adds $1,987/yr, and five-year appreciation sums $85,092 alongside rental yield of 9.89%. Five-year ROI measures 135.74% and total cumulative return in cash totals $138,588.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,539/mo property income versus a $1,507/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

Harvest Meadows offers beautiful new homes for sale in Elyria, Ohio. Enjoy life in an affordable new construction single-family home near Midview schools, with easy access to Lorain, Avon, and Route 20, which on the eastern side continues to Route 10/I-480. Each home is offered in one of our new interior design Looks, Farmhouse, Loft or Elements for on-trend style in your new home. Offered By: K. Hovnanian at Harvest Meadows, LLC The Daffodil offers: Ranch-style home with open concept living area. 9 ceilings and hard surface flooring included. Secondary bedrooms off foyer in proximity to hall bath. On-trend kitchen with stainless steel appliances and white cabinets. Lavish owner's suite with private bath and walk-in closet.

Neighborhood Data

Neighborhood data shown for ZIP Code: 44035, Elyria, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	30,060 (100%)
Owner Occupied HU	17,525 (58.3%)
Renter Occupied HU	10,366 (34.5%)
Vacant Housing Units	2,169 ( 7.2%)
Median Home Value	$163,574
Average Home Value	$187,977