10640 Butternut RdChesterlandOH44026
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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 Chesterland at 10640 Butternut Rd, Chesterland, OH, 44026 earns from $3,000/mo rent with a $3,549/mo payment. Total monthly income totals $3,000/mo. ROI tracks 11.16% on current figures, and rental yield reads 4.97% at a $725,000 purchase. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 over five years. Five-year ROI reaches 56.4% and total cumulative return in cash sums $134,537. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Single Family
Built in 1972
9.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44026, Chesterland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,593 (100%) |
| Owner Occupied HU | 4,081 (88.9%) |
| Renter Occupied HU | 315 ( 6.9%) |
| Vacant Housing Units | 197 ( 4.3%) |
| Median Home Value | $339,993 |
| Average Home Value | $350,311 |
Housing Distribution
Address Breakdown
Residential
4,396
Single Family
4,396
Multi-Family
0
Businesses
499
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Listed by: Lisa Cole • Engel & Vlkers Distinct
Mls Name: MLS Now
Mls ID: #5168163