111 Town Centre DrBroadview HeightsOH44147
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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 Broadview Heights at 111 Town Centre Dr, Broadview Heights, OH, 44147 priced at $534,900 converts $3,000/mo rent into after a $2,618/mo obligation. Total monthly income equals $3,000/mo. Return on cash invested prints 13.12% in year one, and rental yield reads 6.73% against a $534,900 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation compiles into $147,783 by year five. Five-year ROI reaches 68.14% and total cumulative return in cash sums $119,913. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $2,618/mo payment, not borrower’s personal income.
Single Family
Built in N/A
3,571 sqft lot
$N/A/sqft
$500 one time HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44147, Broadview Heights, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,389 (100%) |
| Owner Occupied HU | 6,403 (76.3%) |
| Renter Occupied HU | 1,682 (20.1%) |
| Vacant Housing Units | 304 ( 3.6%) |
| Median Home Value | $335,986 |
| Average Home Value | $357,257 |
Housing Distribution
Address Breakdown
Residential
8,531
Single Family
6,979
Multi-Family
1,552
Businesses
660
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Listed by: Gina Luisi • Berkshire Hathaway HomeServices Stouffer Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5058754
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