11966 Harbour Light DrNorth RoyaltonOH44133
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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
Investment property for sale in North Royalton at 11966 Harbour Light Dr, North Royalton, OH, 44133 offers a 9.62% rental yield on a $183,999 purchase with $1,475/mo rent. 03% in year one. Equity gained on principal adds $1,187/yr while 5% annual appreciation supports $50,836 over five years. Portfolio math shows five-year ROI at 100.91% and total cumulative return in cash at $61,548. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,475/mo property income against a $901/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
$309 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44133, North Royalton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,306 (100%) |
| Owner Occupied HU | 9,800 (68.5%) |
| Renter Occupied HU | 3,832 (26.8%) |
| Vacant Housing Units | 674 ( 4.7%) |
| Median Home Value | $300,822 |
| Average Home Value | $311,296 |
Housing Distribution
Address Breakdown
Residential
14,122
Single Family
9,939
Multi-Family
4,183
Businesses
879
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Listed by: Lily L Janke • Howard Hanna
Mls Name: MLS Now
Mls ID: #5135810