15513 Rockside RdMaple HeightsOH44137
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
Investment property for sale in Maple Heights at 15513 Rockside Rd, Maple Heights, OH, 44137 uses $41,272 cash to close to unlock $1,589/yr annual cash flow and $132/mo monthly cash flow. Total monthly income runs $951/mo, and a $609/mo payment keeps the spread at $132/mo. Purchase price stands at $124,500, and rental yield measures 9.17% with $951/mo rent. Return on cash invested shows 23.76% in year one, and 5% annual appreciation builds toward $34,397 over five years. Five-year ROI reaches 124.05% and total cumulative return in cash records $51,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $951/mo property income covering a $609/mo payment rather than investor’s personal income.
Single Family
Built in 1951
4,599 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erol Foster • Cleveland Suburban Homes
Mls Name: MLS Now
Mls ID: #5143203