1450 County Line RdGates MillsOH44040
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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 Gates Mills at 1450 County Line Rd, Gates Mills, OH, 44040 offers $0/mo rent that, after a $8,932/mo payment. Total monthly income is $0/mo. Return on cash invested measures -3.99% in year one, and rental yield stands at 0% at a $1,825,000 entry. Equity gained on principal adds $11,776/yr while 5% annual appreciation compounds into $504,214 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $8,932/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
9.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44040, Gates Mills, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,252 (100%) |
| Owner Occupied HU | 1,079 (86.2%) |
| Renter Occupied HU | 81 ( 6.5%) |
| Vacant Housing Units | 92 ( 7.3%) |
| Median Home Value | $508,304 |
| Average Home Value | $650,380 |
Housing Distribution
Address Breakdown
Residential
1,231
Single Family
1,231
Multi-Family
0
Businesses
111
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Carmella Corbo • Howard Hanna
Mls Name: MLS Now
Mls ID: #5112153