15012 Corridon AveMaple HeightsOH44137
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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 Maple Heights at 15012 Corridon Ave, Maple Heights, OH, 44137 earns $219/mo cash flow from $1,304/mo rent with a $807/mo payment. Total monthly income totals $1,304/mo, and annual cash flow totals $2,633/yr on $54,664 capital. ROI tracks 24.73% on current figures, and rental yield reads 9.49% at a $164,900 purchase. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 over five years. Five-year ROI reaches 129.24% and total cumulative return in cash sums $70,648. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,304/mo property income instead of your personal income.
Single Family
Built in 1962
6,311 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44137, Maple Heights, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,550 (100%) |
| Owner Occupied HU | 5,907 (56.0%) |
| Renter Occupied HU | 3,737 (35.4%) |
| Vacant Housing Units | 906 ( 8.6%) |
| Median Home Value | $99,674 |
| Average Home Value | $148,337 |
Housing Distribution
Address Breakdown
Residential
9,950
Single Family
8,908
Multi-Family
1,042
Businesses
569
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Listed by: Patrick R Riley • Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
Mls Name: MLS Now
Mls ID: #5156943