117 Grant St, Medina, OH, 44256 | $41/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Medina at 117 Grant St, Medina, OH, 44256 uses $66,300 cash to close to unlock $496/yr annual cash flow and $41/mo monthly cash flow. Total monthly income runs $1,357/mo, and a $979/mo payment keeps the spread at $41/mo. Purchase price stands at $200,000, and rental yield measures 8.14% with $1,357/mo rent. Return on cash invested shows 20.66% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 107.41% and total cumulative return in cash records $71,216. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,357/mo property income covering a $979/mo payment rather than investor’s personal income.

Single Family

Built in 1907

4,356 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 117 Grant street! Built in 1907, this incredible century home has so much charm and character to offer, but it needs a buyer who is ready to give it personalization and lots of fresh life. The first floor living area is complete with fireplace, original built ins, and fabulous walnut floors. Kitchen comes fully equipped with oven/range, dishwasher and fridge, with a breezeway or potential mud room just off to the rear. On the second floor you'll find a primary bedroom with fireplace as well as three other bedrooms and a bath. On the third floor is an additional living space with an area that is plumbed for a full bath. If you've been looking for a historic home to customize all to your liking, this is the place for you! It's just seconds from the Medina Square and a part of the beautiful historic Medina district. Don't miss seeing this spectacular part of history!

Neighborhood Data

Neighborhood data shown for ZIP Code: 44256, Medina, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	27,490 (100%)
Owner Occupied HU	21,011 (76.4%)
Renter Occupied HU	5,268 (19.2%)
Vacant Housing Units	1,211 ( 4.4%)
Median Home Value	$336,289
Average Home Value	$370,303