16315 Academy DrStrongsvilleOH44149
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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 Strongsville at 16315 Academy Dr, Strongsville, OH, 44149 listed at $599,999 pairs $4,439/mo rent with a $2,937/mo payment to leave $459/mo cash flow. Total monthly income runs $4,439/mo, and annual cash flow reaches $5,504/yr on $197,400 cash to close. Return on cash invested measures 22.85% in year one, and rental yield registers 8.88% at a $599,999 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 119.16% and total cumulative return in cash totals $235,223. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,439/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
0.27 Acres lot
$N/A/sqft
$400 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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Listed by: Caitlin Desantis • Howard Hanna
Mls Name: MLS Now
Mls ID: #5137879