16667 Drake RdStrongsvilleOH44136
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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 16667 Drake Rd, Strongsville, OH, 44136 listed at $203,600 pairs $3,105/mo rent with a $997/mo payment to leave $1,656/mo cash flow. Total monthly income runs $3,105/mo, and annual cash flow reaches $19,876/yr on $67,493 cash to close. Return on cash invested measures 49.36% in year one, and rental yield registers 18.3% at a $203,600 basis. Equity gained on principal adds $1,314/yr, and annual property appreciation at 5% supports $56,251 by year five. Five-year ROI tracks 262.03% and total cumulative return in cash totals $176,854. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,105/mo property income relative to a $997/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
0.29 Acres lot
$N/A/sqft
$29 monthly 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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