1208 Croyden RdLyndhurstOH44124
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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 Lyndhurst at 1208 Croyden Rd, Lyndhurst, OH, 44124 uses $94,113 cash to close to unlock $4,225/yr annual cash flow and $352/mo monthly cash flow. Total monthly income runs $2,220/mo, and a $1,390/mo payment keeps the spread at $352/mo. Purchase price stands at $283,900, and rental yield measures 9.38% with $2,220/mo rent. Return on cash invested shows 24.4% in year one, and 5% annual appreciation builds toward $78,436 over five years. Five-year ROI reaches 127.48% and total cumulative return in cash records $119,973. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $1,390/mo payment rather than investor’s personal income.
Single Family
Built in 1951
8,524 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44124, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,558 (100%) |
| Owner Occupied HU | 12,232 (62.5%) |
| Renter Occupied HU | 6,165 (31.5%) |
| Vacant Housing Units | 1,161 ( 5.9%) |
| Median Home Value | $227,452 |
| Average Home Value | $296,306 |
Housing Distribution
Address Breakdown
Residential
19,705
Single Family
13,833
Multi-Family
5,872
Businesses
1,273
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