13105 Prescott LnStrongsvilleOH44136
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 Strongsville at 13105 Prescott Ln, Strongsville, OH, 44136 generates $2,190/mo in rent, after a $2,570/mo payment. Total monthly income is $2,190/mo. Return on cash invested sits at 11.28% in year one, and rental yield is 5.01% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 57.07% and total cumulative return in cash sums $98,577. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,190/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44136, Strongsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,850 (100%) |
| Owner Occupied HU | 7,670 (70.7%) |
| Renter Occupied HU | 2,699 (24.9%) |
| Vacant Housing Units | 481 ( 4.4%) |
| Median Home Value | $280,741 |
| Average Home Value | $308,072 |
Housing Distribution
Address Breakdown
Residential
11,110
Single Family
8,362
Multi-Family
2,748
Businesses
1,216
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: April Kolodka • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5179345