15745 Hemlock RdChagrin FallsOH44022
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 Chagrin Falls at 15745 Hemlock Rd, Chagrin Falls, OH, 44022 uses $139,197 cash to close to unlock $2,786/yr annual cash flow and $232/mo monthly cash flow. Total monthly income runs $2,994/mo, and a $2,055/mo payment keeps the spread at $232/mo. Purchase price stands at $419,900, and rental yield measures 8.56% with $2,994/mo rent. Return on cash invested shows 21.91% in year one, and 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 114.11% and total cumulative return in cash records $158,844. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,994/mo property income covering a $2,055/mo payment rather than investor’s personal income.
Single Family
Built in 1870
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44022, Chagrin Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,308 (100%) |
| Owner Occupied HU | 5,959 (81.5%) |
| Renter Occupied HU | 812 (11.1%) |
| Vacant Housing Units | 537 ( 7.3%) |
| Median Home Value | $451,171 |
| Average Home Value | $555,710 |
Housing Distribution
Address Breakdown
Residential
7,309
Single Family
6,785
Multi-Family
524
Businesses
658
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam S Kaufman • Howard Hanna
Mls Name: MLS Now
Mls ID: #5168428