White RdMiddlefieldOH44062
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 Middlefield at White Rd, Middlefield, OH, 44062 priced at $148,800 pairs $1,400/mo rent with $422/mo cash flow after a $728/mo payment. Total monthly income equals $1,400/mo, and annual cash flow comes to $5,058/yr on $49,327 invested. Return on cash invested is 30.16% in year one, and rental yield stands at 11.29% on a $148,800 basis. Equity gained on principal adds $960/yr, and 5% annual appreciation accumulates to $41,111 by year five. Five-year ROI measures 158.4% and total cumulative return in cash reaches $78,133. For financing, Ziffy Mortgage’s DSCR program evaluates $1,400/mo property income against a $728/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
1.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44062, Middlefield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,024 (100%) |
| Owner Occupied HU | 3,621 (72.1%) |
| Renter Occupied HU | 1,096 (21.8%) |
| Vacant Housing Units | 307 ( 6.1%) |
| Median Home Value | $242,032 |
| Average Home Value | $267,076 |
Housing Distribution
Address Breakdown
Residential
4,473
Single Family
4,225
Multi-Family
248
Businesses
421
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Clifford Straitiff • Brokers Realty Group
Mls Name: MLS Now
Mls Provider:
Mls ID: #4502457
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