1641 Wyandotte AveLakewoodOH44107
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 Lakewood at 1641 Wyandotte Ave, Lakewood, OH, 44107 at $284,500 posts ROI 25.17% with $413/mo cash flow from $2,354/mo rent. Total monthly income equals $2,354/mo, and annual cash flow records $4,958/yr on $94,312 to close. Return on cash invested measures 25.17% and rental yield reads 9.93% at the current $284,500. Equity gained on principal adds $1,836/yr, and 5% annual appreciation supports $78,602 by year five. Five-year ROI prints 131.9% and total cumulative return in cash totals $124,397.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,354/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1916
3,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44107, Lakewood, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,461 (100%) |
| Owner Occupied HU | 11,791 (41.4%) |
| Renter Occupied HU | 14,239 (50.0%) |
| Vacant Housing Units | 2,431 ( 8.5%) |
| Median Home Value | $271,494 |
| Average Home Value | $318,482 |
Housing Distribution
Address Breakdown
Residential
26,978
Single Family
17,199
Multi-Family
9,779
Businesses
1,309
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Nearby investment properties with comparable prices
Listed by: Jaclyn Drager • Homex Real Estate Solutions LLC
Mls Name: MLS Now
Mls Provider:
Mls ID: #5065446
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