12960 Dell Ridge CtStrongsvilleOH44149
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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 Strongsville at 12960 Dell Ridge Ct, Strongsville, OH, 44149 offers a 9.71% rental yield on a $219,900 purchase with $1,780/mo rent. Total monthly income registers $1,780/mo, and a $1,076/mo payment leaves $334/mo available for distribution. Annual cash flow reaches $4,006/yr on $72,897 to close, and return on cash invested stands at 25.4% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 132.83% and total cumulative return in cash at $96,832. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,780/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44149, Strongsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,346 (100%) |
| Owner Occupied HU | 7,184 (86.1%) |
| Renter Occupied HU | 766 ( 9.2%) |
| Vacant Housing Units | 396 ( 4.7%) |
| Median Home Value | $323,274 |
| Average Home Value | $343,366 |
Housing Distribution
Address Breakdown
Residential
8,321
Single Family
8,038
Multi-Family
283
Businesses
328
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Listed by: Nicolette E Kuebeler • Life Stages Realty, LLC
Mls Name: MLS Now
Mls ID: #5180811