17567 Howe 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 17567 Howe Rd, Strongsville, OH, 44136 uses $107,738 cash to close to unlock $1,283/yr annual cash flow and $107/mo monthly cash flow. Total monthly income runs $2,245/mo, and a $1,591/mo payment keeps the spread at $107/mo. Purchase price stands at $325,000, and rental yield measures 8.29% with $2,245/mo rent. Return on cash invested shows 21.1% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 109.73% and total cumulative return in cash records $118,225. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,245/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.37 Acres lot
$N/A/sqft
No 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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Listed by: Mary A Kocheff • RE/MAX Above & Beyond
Mls Name: MLS Now
Mls ID: #5174297