1139 Shadowridge DrNilesOH44446
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 Niles at 1139 Shadowridge Dr, Niles, OH, 44446 offers a 11.59% rental yield on a $200,000 purchase with $1,931/mo rent. Total monthly income registers $1,931/mo, and a $979/mo payment leaves $420/mo available for distribution. Annual cash flow reaches $5,044/yr on $66,300 to close, and return on cash invested stands at 27.52% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 145.5% and total cumulative return in cash at $96,464. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,931/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
N/A lot
$N/A/sqft
$195 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44446, Niles, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,343 (100%) |
| Owner Occupied HU | 5,642 (54.5%) |
| Renter Occupied HU | 3,682 (35.6%) |
| Vacant Housing Units | 1,019 ( 9.9%) |
| Median Home Value | $117,049 |
| Average Home Value | $152,137 |
Housing Distribution
Address Breakdown
Residential
9,714
Single Family
8,011
Multi-Family
1,703
Businesses
739
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jerry A Altobelli • Altobelli Real Estate
Mls Name: MLS Now
Mls Provider:
Mls ID: #5076016
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.