1269 Overlook RdLakewoodOH44107
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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 Lakewood at 1269 Overlook Rd, Lakewood, OH, 44107 listed at $810,000 pairs $3,822/mo rent with a $3,965/mo payment. Total monthly income runs $3,822/mo. Return on cash invested measures 13.28% in year one, and rental yield registers 5.66% at a $810,000 basis. Equity gained on principal adds $5,227/yr, and annual property appreciation at 5% supports $223,788 by year five. Five-year ROI tracks 67.76% and total cumulative return in cash totals $180,579. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,822/mo property income relative to a $3,965/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1921
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44107, Lakewood, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,461 (100%) |
| Owner Occupied HU | 11,791 (41.4%) |
| Renter Occupied HU | 14,239 (50.0%) |
| Vacant Housing Units | 2,431 ( 8.5%) |
| Median Home Value | $271,494 |
| Average Home Value | $318,482 |
Housing Distribution
Address Breakdown
Residential
26,978
Single Family
17,199
Multi-Family
9,779
Businesses
1,309
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