S/l 3 Iris PlAuroraOH44202
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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 Aurora at S/l 3 Iris Pl, Aurora, OH, 44202 offers $2,066/mo rent that, after a $2,532/mo payment. Total monthly income is $2,066/mo. Return on cash invested measures 10.63% in year one, and rental yield stands at 4.79% at a $517,284 entry. Equity gained on principal adds $3,338/yr while 5% annual appreciation compounds into $142,916 by year five. Five-year ROI records 53.61% and total cumulative return in cash reaches $91,234. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,066/mo property income versus a $2,532/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44202, Aurora, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,208 (100%) |
| Owner Occupied HU | 7,394 (80.3%) |
| Renter Occupied HU | 1,332 (14.5%) |
| Vacant Housing Units | 482 ( 5.2%) |
| Median Home Value | $383,597 |
| Average Home Value | $431,701 |
Housing Distribution
Address Breakdown
Residential
9,208
Single Family
8,077
Multi-Family
1,131
Businesses
590
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