1306 Sunset RdMayfield HeightsOH44124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Mayfield Heights at 1306 Sunset Rd, Mayfield Heights, OH, 44124 priced at $209,500 pairs $2,160/mo rent with $782/mo cash flow after a $1,025/mo payment. Total monthly income equals $2,160/mo, and annual cash flow comes to $9,388/yr on $69,449 invested. Return on cash invested is 33.43% in year one, and rental yield stands at 12.37% on a $209,500 basis. Equity gained on principal adds $1,352/yr, and 5% annual appreciation accumulates to $57,881 by year five. Five-year ROI measures 175.9% and total cumulative return in cash reaches $122,163. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $1,025/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angelo J Marrali • Howard Hanna
Mls Name: MLS Now
Mls ID: #5054206