16860 Snyder RdChagrin FallsOH44023
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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 Chagrin Falls at 16860 Snyder Rd, Chagrin Falls, OH, 44023 earns $1,175/mo cash flow from $4,200/mo rent with a $2,251/mo payment. Total monthly income totals $4,200/mo, and annual cash flow totals $14,098/yr on $152,457 capital. ROI tracks 29.16% on current figures, and rental yield reads 10.96% at a $459,900 purchase. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,062 over five years. Five-year ROI reaches 152.94% and total cumulative return in cash sums $233,166. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,200/mo property income instead of your personal income.
Single Family
Built in 1976
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44023, Chagrin Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,487 (100%) |
| Owner Occupied HU | 6,520 (87.1%) |
| Renter Occupied HU | 566 ( 7.6%) |
| Vacant Housing Units | 401 ( 5.4%) |
| Median Home Value | $435,061 |
| Average Home Value | $482,239 |
Housing Distribution
Address Breakdown
Residential
7,315
Single Family
7,071
Multi-Family
244
Businesses
597
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Listed by: Joseph Cicero • Keller Williams Greater Metropolitan
Mls Name: MLS Now
Mls ID: #5182140