1195 Piermont RdSouth EuclidOH44121
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
Rental property for sale in South Euclid at 1195 Piermont Rd, South Euclid, OH, 44121 priced at $166,666 converts $1,974/mo rent into $860/mo cash flow after a $816/mo obligation. Total monthly income equals $1,974/mo, and annual cash flow totals $10,318/yr on $55,250 invested. Return on cash invested prints 38.58% in year one, and rental yield reads 14.21% against a $166,666 entry. Equity gained on principal adds $1,075/yr, while 5% annual appreciation compiles into $46,047 by year five. Five-year ROI reaches 203.65% and total cumulative return in cash sums $112,518. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,974/mo property income covering a $816/mo payment, not borrower’s personal income.
Single Family
Built in 1940
5,401 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jesse R Kracht • Russell Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5082640
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 2024 - Multiple Listing Service, Inc. All Rights Reserved.