10022 Highland WayStreetsboroOH44241
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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 Streetsboro at 10022 Highland Way, Streetsboro, OH, 44241 generates $2,081/mo in rent and, after a $1,517/mo payment, leaves $42/mo in cash flow. Total monthly income is $2,081/mo, and annual cash flow is $508/yr on $102,732 invested. Return on cash invested sits at 20.4% in year one, and rental yield is 8.06% on a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 106.03% and total cumulative return in cash sums $108,924. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,081/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44241, Streetsboro, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,236 (100%) |
| Owner Occupied HU | 5,704 (69.3%) |
| Renter Occupied HU | 2,252 (27.3%) |
| Vacant Housing Units | 280 ( 3.4%) |
| Median Home Value | $229,850 |
| Average Home Value | $259,669 |
Housing Distribution
Address Breakdown
Residential
8,020
Single Family
7,532
Multi-Family
488
Businesses
480
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Listed by: Stephanie L Polonus • Brokers Realty Group
Mls Name: MLS Now
Mls ID: #5169817