1465 Durham DrBroadview HeightsOH44147
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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 Broadview Heights at 1465 Durham Dr, Broadview Heights, OH, 44147 offers a 8.24% rental yield on a $293,900 purchase with $2,018/mo rent. Total monthly income registers $2,018/mo, and a $1,438/mo payment leaves $85/mo available for distribution. Annual cash flow reaches $1,023/yr on $97,428 to close, and return on cash invested stands at 20.96% in year one. Equity gained on principal adds $1,896/yr while 5% annual appreciation supports $81,199 over five years. Portfolio math shows five-year ROI at 109.02% and total cumulative return in cash at $106,217. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,018/mo property income against a $1,438/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
2,395 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44147, Broadview Heights, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,389 (100%) |
| Owner Occupied HU | 6,403 (76.3%) |
| Renter Occupied HU | 1,682 (20.1%) |
| Vacant Housing Units | 304 ( 3.6%) |
| Median Home Value | $335,986 |
| Average Home Value | $357,257 |
Housing Distribution
Address Breakdown
Residential
8,531
Single Family
6,979
Multi-Family
1,552
Businesses
660
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Listed by: Robert Girardi • Lentz Associates, Inc.
Mls Name: MLS Now
Mls ID: #5142034