104 Cedar GlnChardonOH44024
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
Investment property for sale in Chardon at 104 Cedar Gln, Chardon, OH, 44024 at $282,500 posts ROI 27% with $553/mo cash flow from $2,454/mo rent. Total monthly income equals $2,454/mo, and annual cash flow records $6,642/yr on $93,649 to close. Return on cash invested measures 27% and rental yield reads 10.42% at the current $282,500. Equity gained on principal adds $1,823/yr, and 5% annual appreciation supports $78,050 by year five. Five-year ROI prints 141.61% and total cumulative return in cash totals $132,614.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,454/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
9,147 sqft lot
$N/A/sqft
$42 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44024, Chardon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,862 (100%) |
| Owner Occupied HU | 7,978 (80.9%) |
| Renter Occupied HU | 1,370 (13.9%) |
| Vacant Housing Units | 514 ( 5.2%) |
| Median Home Value | $346,742 |
| Average Home Value | $348,300 |
Housing Distribution
Address Breakdown
Residential
9,733
Single Family
9,322
Multi-Family
411
Businesses
931
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chandler Jekutis • Keller Williams Greater Cleveland Northeast
Mls Name: MLS Now
Mls Provider:
Mls ID: #5131817
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