Wexford Plan, Concord VillageAvonOH44011
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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 Avon at Wexford Plan, Concord Village, Avon, OH, 44011 offers $3,504/mo rent that, after a $1,635/mo payment, leaves $1,307/mo cash flow. Total monthly income is $3,504/mo, and annual cash flow is $15,681/yr on $110,718 cash. Return on cash invested measures 34.07% in year one, and rental yield stands at 12.59% at a $333,990 entry. Equity gained on principal adds $2,155/yr while 5% annual appreciation compounds into $92,275 by year five. Five-year ROI records 179.31% and total cumulative return in cash reaches $198,531. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,504/mo property income versus a $1,635/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44011, Avon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,423 (100%) |
| Owner Occupied HU | 7,673 (81.4%) |
| Renter Occupied HU | 1,381 (14.7%) |
| Vacant Housing Units | 369 ( 3.9%) |
| Median Home Value | $398,582 |
| Average Home Value | $420,931 |
Housing Distribution
Address Breakdown
Residential
9,393
Single Family
9,130
Multi-Family
263
Businesses
825
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Nearby investment properties with comparable prices
