14703 Lenox Dr, Strongsville, OH, 44136 | $442/mo Cash Flow

Pending

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Strongsville at 14703 Lenox Dr, Strongsville, OH, 44136 offers a 10.84% rental yield on a $180,000 purchase with $1,626/mo rent. Total monthly income registers $1,626/mo, and a $881/mo payment leaves $442/mo available for distribution. Annual cash flow reaches $5,304/yr on $59,670 to close, and return on cash invested stands at 28.8% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 151.02% and total cumulative return in cash at $90,113. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,626/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1999

N/A lot

$N/A/sqft

No HOA

More details about the property

Bring your vision to this FIRST FLOOR condo, perfectly situated in a well-established community. Offered at a competitive price, this property is in need of some modern updates. 2 BEDROOMS with generous closets and 2 FULL BATHS, 1 car detached GARAGE along with low maintenance living sets you up for the EASY LIFE! Enjoy ONE STORY ground level living, plus the BEAUTY of a park-like setting, it just MAKES sense to simplify life! Located CLOSE to it all; shopping, dining, public transportation, and major highways, this appealing condo combines EXCELLENT potential with UNBEATABLE location. Bring your contractor and UNLOCK the potential.

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