17363 Independence Ct #12CBrookparkOH44142
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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 Brookpark at 17363 Independence Ct #12C, Brookpark, OH, 44142 offers a 11.48% rental yield on a $183,000 purchase with $1,750/mo rent. Total monthly income registers $1,750/mo, and a $896/mo payment leaves $357/mo available for distribution. Annual cash flow reaches $4,283/yr on $60,665 to close, and return on cash invested stands at 26.97% in year one. Equity gained on principal adds $1,181/yr while 5% annual appreciation supports $50,560 over five years. Portfolio math shows five-year ROI at 142.56% and total cumulative return in cash at $86,483. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,750/mo property income against a $896/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
18.68 Acres lot
$N/A/sqft
$189 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44142, Brookpark, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,963 (100%) |
| Owner Occupied HU | 6,168 (77.5%) |
| Renter Occupied HU | 1,473 (18.5%) |
| Vacant Housing Units | 322 ( 4.0%) |
| Median Home Value | $171,561 |
| Average Home Value | $196,237 |
Housing Distribution
Address Breakdown
Residential
8,013
Single Family
7,348
Multi-Family
665
Businesses
492
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