EAGLE RIVER HOMES Pikewood Manor Plan, Pikewood ManorElyriaOH44035
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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 Elyria at EAGLE RIVER HOMES Pikewood Manor Plan, Pikewood Manor, Elyria, OH, 44035 at $163,500 posts ROI 20.01% with $5/mo cash flow from $1,080/mo rent. Total monthly income equals $1,080/mo, and annual cash flow records $57/yr on $54,200 to close. Return on cash invested measures 20.01% and rental yield reads 7.93% at the current $163,500. Equity gained on principal adds $1,055/yr, and 5% annual appreciation supports $45,172 by year five. Five-year ROI prints 103.92% and total cumulative return in cash totals $56,324.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,080/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
28,707
Single Family
24,750
Multi-Family
3,957
Businesses
1,724
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