14558 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
Investment property for sale in Strongsville at 14558 Drake Rd, Strongsville, OH, 44136 uses $99,450 cash to close to unlock $1,944/yr annual cash flow and $162/mo monthly cash flow. Total monthly income runs $2,135/mo, and a $1,468/mo payment keeps the spread at $162/mo. Purchase price stands at $299,999, and rental yield measures 8.54% with $2,135/mo rent. Return on cash invested shows 21.86% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 113.82% and total cumulative return in cash records $113,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,135/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.36 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: Jaclyn Meadows • 2000 Professional Realty
Mls Name: MLS Now
Mls ID: #5159129