10560 Independence Dr #25ANorth RoyaltonOH44133
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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
Investment property for sale in North Royalton at 10560 Independence Dr #25A, North Royalton, OH, 44133 offers a 9.2% rental yield on a $170,000 purchase with $1,303/mo rent. Total monthly income registers $1,303/mo, and a $832/mo payment leaves $185/mo available for distribution. Annual cash flow reaches $2,218/yr on $56,355 to close, and return on cash invested stands at 23.84% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 124.48% and total cumulative return in cash at $70,149. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,303/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
16.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44133, North Royalton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,306 (100%) |
| Owner Occupied HU | 9,800 (68.5%) |
| Renter Occupied HU | 3,832 (26.8%) |
| Vacant Housing Units | 674 ( 4.7%) |
| Median Home Value | $300,822 |
| Average Home Value | $311,296 |
Housing Distribution
Address Breakdown
Residential
14,122
Single Family
9,939
Multi-Family
4,183
Businesses
879
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Listed by: Kevin Sorg • Howard Hanna
Mls Name: MLS Now
Mls ID: #5156053