14430 Drake RdStrongsvilleOH44136
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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
Rental property for sale in Strongsville at 14430 Drake Rd, Strongsville, OH, 44136 generates $2,190/mo in rent and, after a $1,223/mo payment, leaves $546/mo in cash flow. Total monthly income is $2,190/mo, and annual cash flow is $6,556/yr on $82,842 invested. Return on cash invested sits at 27.82% in year one, and rental yield is 10.52% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 145.83% and total cumulative return in cash sums $120,806. 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 1962
0.37 Acres 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
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Listed by: Linda Carucci • Keller Williams Chervenic Rlty
Mls Name: MLS Now
Mls ID: #5183906