16375 Commons OvalStrongsvilleOH44136
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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
Rental property for sale in Strongsville at 16375 Commons Oval, Strongsville, OH, 44136 generates $1,844/mo in rent and, after a $1,297/mo payment, leaves $101/mo in cash flow. Total monthly income is $1,844/mo, and annual cash flow is $1,211/yr on $87,848 invested. Return on cash invested sits at 21.29% in year one, and rental yield is 8.35% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 110.73% and total cumulative return in cash sums $97,275. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,844/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
3,275 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44136, Strongsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,850 (100%) |
| Owner Occupied HU | 7,670 (70.7%) |
| Renter Occupied HU | 2,699 (24.9%) |
| Vacant Housing Units | 481 ( 4.4%) |
| Median Home Value | $280,741 |
| Average Home Value | $308,072 |
Housing Distribution
Address Breakdown
Residential
11,110
Single Family
8,362
Multi-Family
2,748
Businesses
1,216
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Listed by: Ben Murphy • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5175529