1405 Gillie DrStreetsboroOH44241
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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 1405 Gillie Dr, Streetsboro, OH, 44241 uses $74,588 cash to close to unlock $1,419/yr annual cash flow and $118/mo monthly cash flow. Total monthly income runs $1,598/mo, and a $1,101/mo payment keeps the spread at $118/mo. Purchase price stands at $225,000, and rental yield measures 8.52% with $1,598/mo rent. Return on cash invested shows 21.81% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 113.61% and total cumulative return in cash records $84,741. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,598/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.39 Acres lot
$N/A/sqft
No 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: Jessica A Chodaczek • LoFaso Real Estate Services
Mls Name: MLS Now
Mls ID: #5156007