15239 Old Oak DrStrongsvilleOH44149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Strongsville at 15239 Old Oak Dr, Strongsville, OH, 44149 generates $4,717/mo in rent and, after a $2,942/mo payment, leaves $738/mo in cash flow. Total monthly income is $4,717/mo, and annual cash flow is $8,860/yr on $197,729 invested. Return on cash invested sits at 24.54% in year one, and rental yield is 9.42% on a $601,000 entry. Equity gained on principal adds $3,878/yr, while 5% annual appreciation builds toward $166,045 over five years. Five-year ROI reaches 128.23% and total cumulative return in cash sums $253,550. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,717/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.26 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44149, Strongsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,346 (100%) |
| Owner Occupied HU | 7,184 (86.1%) |
| Renter Occupied HU | 766 ( 9.2%) |
| Vacant Housing Units | 396 ( 4.7%) |
| Median Home Value | $323,274 |
| Average Home Value | $343,366 |
Housing Distribution
Address Breakdown
Residential
8,321
Single Family
8,038
Multi-Family
283
Businesses
328
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Nearby investment properties with comparable prices
Listed by: Ronald S Shorts • Russell Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5121787
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