1290 Edgewood LnStreetsboroOH44241
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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 Streetsboro at 1290 Edgewood Ln, Streetsboro, OH, 44241 offers a 8.85% rental yield on a $343,000 purchase with $2,530/mo rent. Total monthly income registers $2,530/mo, and a $1,679/mo payment leaves $236/mo available for distribution. Annual cash flow reaches $2,833/yr on $113,705 to close, and return on cash invested stands at 22.4% in year one. Equity gained on principal adds $2,213/yr while 5% annual appreciation supports $94,765 over five years. Portfolio math shows five-year ROI at 116.89% and total cumulative return in cash at $132,912. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,530/mo property income against a $1,679/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
9,713 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44241, Streetsboro, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,236 (100%) |
| Owner Occupied HU | 5,704 (69.3%) |
| Renter Occupied HU | 2,252 (27.3%) |
| Vacant Housing Units | 280 ( 3.4%) |
| Median Home Value | $229,850 |
| Average Home Value | $259,669 |
Housing Distribution
Address Breakdown
Residential
8,020
Single Family
7,532
Multi-Family
488
Businesses
480
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Listed by: Kathleen C Morell • Howard Hanna
Mls Name: MLS Now
Mls ID: #5164772