1647 Duncan WayStreetsboroOH44241
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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 Streetsboro at 1647 Duncan Way, Streetsboro, OH, 44241 offers $1,907/mo rent that, after a $2,266/mo payment. Total monthly income is $1,907/mo. Return on cash invested measures 11.01% in year one, and rental yield stands at 4.94% at a $462,900 entry. Equity gained on principal adds $2,987/yr while 5% annual appreciation compounds into $127,891 by year five. Five-year ROI records 55.62% and total cumulative return in cash reaches $85,344. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,907/mo property income versus a $2,266/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44241, Streetsboro, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,236 (100%) |
| Owner Occupied HU | 5,704 (69.3%) |
| Renter Occupied HU | 2,252 (27.3%) |
| Vacant Housing Units | 280 ( 3.4%) |
| Median Home Value | $229,850 |
| Average Home Value | $259,669 |
Housing Distribution
Address Breakdown
Residential
8,020
Single Family
7,532
Multi-Family
488
Businesses
480
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Listed by: Amanda Carter • The Agency Cleveland Northcoast
Mls Name: MLS Now
Mls ID: #5140328