12 Elgin Oval Blvd #ELG12Olmsted FallsOH44138
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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 Olmsted Falls at 12 Elgin Oval Blvd #ELG12, Olmsted Falls, OH, 44138 earns $112/mo cash flow from $908/mo rent with a $592/mo payment. Total monthly income totals $908/mo, and annual cash flow totals $1,350/yr on $40,078 capital. ROI tracks 23.28% on current figures, and rental yield reads 9.01% at a $120,900 purchase. Equity gained on principal adds $780/yr, and 5% annual appreciation supports $33,402 over five years. Five-year ROI reaches 121.51% and total cumulative return in cash sums $48,698. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $908/mo property income instead of your personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44138, Olmsted Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,137 (100%) |
| Owner Occupied HU | 7,629 (75.3%) |
| Renter Occupied HU | 2,036 (20.1%) |
| Vacant Housing Units | 472 ( 4.7%) |
| Median Home Value | $274,659 |
| Average Home Value | $287,334 |
Housing Distribution
Address Breakdown
Residential
10,176
Single Family
8,739
Multi-Family
1,437
Businesses
305
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Listed by: Nate Walker • Windward Communities
Mls Name: Windward Communities
Mls Provider:
Mls ID: #N/A