1523 Meriline StCuyahoga FallsOH44221
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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
Rental property for sale in Cuyahoga Falls at 1523 Meriline St, Cuyahoga Falls, OH, 44221 priced at $169,000 converts $1,566/mo rent into $435/mo cash flow after a $827/mo obligation. Total monthly income equals $1,566/mo, and annual cash flow totals $5,223/yr on $56,024 invested. Return on cash invested prints 29.23% in year one, and rental yield reads 11.12% against a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation compiles into $46,692 by year five. Five-year ROI reaches 153.57% and total cumulative return in cash sums $86,035. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,566/mo property income covering a $827/mo payment, not borrower’s personal income.
Single Family
Built in 1932
5,005 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44221, Cuyahoga Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,653 (100%) |
| Owner Occupied HU | 8,080 (55.1%) |
| Renter Occupied HU | 5,925 (40.4%) |
| Vacant Housing Units | 648 ( 4.4%) |
| Median Home Value | $165,896 |
| Average Home Value | $191,382 |
Housing Distribution
Address Breakdown
Residential
14,460
Single Family
12,323
Multi-Family
2,137
Businesses
766
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