Hazel w/ Basement Plan, Brookside Greens 2-StoryNortonOH44203
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 Norton at Hazel w/ Basement Plan, Brookside Greens 2-Story, Norton, OH, 44203 generates $3,323/mo in rent and, after a $1,615/mo payment, leaves $1,153/mo in cash flow. Total monthly income is $3,323/mo, and annual cash flow is $13,830/yr on $109,392 invested. Return on cash invested sits at 32.55% in year one, and rental yield is 12.08% on a $329,990 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,170 over five years. Five-year ROI reaches 171.16% and total cumulative return in cash sums $187,231. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,323/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44203, Barberton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,141 (100%) |
| Owner Occupied HU | 11,808 (65.1%) |
| Renter Occupied HU | 5,184 (28.6%) |
| Vacant Housing Units | 1,149 ( 6.3%) |
| Median Home Value | $169,856 |
| Average Home Value | $223,242 |
Housing Distribution
Address Breakdown
Residential
17,553
Single Family
16,828
Multi-Family
725
Businesses
1,122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
