1471 Summerwood 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 1471 Summerwood Dr, Broadview Heights, OH, 44147 earns from $4,200/mo rent with a $3,842/mo payment. Total monthly income totals $4,200/mo. ROI tracks 15.58% on current figures, and rental yield reads 6.42% at a $784,900 purchase. Equity gained on principal adds $5,065/yr, and 5% annual appreciation supports $216,853 over five years. Five-year ROI reaches 80.13% and total cumulative return in cash sums $206,923. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,200/mo property income instead of your personal income.
Single Family
Built in 2004
0.46 Acres 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: Mary Alice Buckley • Coldwell Banker Schmidt Realty
Mls Name: MLS Now
Mls ID: #5159433