1131 Windermere DrWilloughbyOH44094
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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 Willoughby at 1131 Windermere Dr, Willoughby, OH, 44094 generates $1,194/mo in rent and, after a $734/mo payment, leaves $208/mo in cash flow. Total monthly income is $1,194/mo, and annual cash flow is $2,490/yr on $49,725 invested. Return on cash invested sits at 24.92% in year one, and rental yield is 9.55% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 130.26% and total cumulative return in cash sums $64,770. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,194/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
3,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44094, Willoughby, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,698 (100%) |
| Owner Occupied HU | 11,544 (61.7%) |
| Renter Occupied HU | 6,230 (33.3%) |
| Vacant Housing Units | 924 ( 4.9%) |
| Median Home Value | $298,381 |
| Average Home Value | $345,961 |
Housing Distribution
Address Breakdown
Residential
17,916
Single Family
13,373
Multi-Family
4,543
Businesses
1,508
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Listed by: Judie Crockett • Howard Hanna
Mls Name: MLS Now
Mls ID: #5173793