15587 Meigs BlvdBrookparkOH44142
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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 Brookpark at 15587 Meigs Blvd, Brookpark, OH, 44142 uses $61,328 cash to close to unlock $2,203/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $1,400/mo, and a $905/mo payment keeps the spread at $184/mo. Purchase price stands at $185,000, and rental yield measures 9.08% with $1,400/mo rent. Return on cash invested shows 23.5% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 122.65% and total cumulative return in cash records $75,219. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,400/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1959
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44142, Brookpark, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,963 (100%) |
| Owner Occupied HU | 6,168 (77.5%) |
| Renter Occupied HU | 1,473 (18.5%) |
| Vacant Housing Units | 322 ( 4.0%) |
| Median Home Value | $171,561 |
| Average Home Value | $196,237 |
Housing Distribution
Address Breakdown
Residential
8,013
Single Family
7,348
Multi-Family
665
Businesses
492
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