17937 Kingswood DrChagrin 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 17937 Kingswood Dr, Chagrin Falls, OH, 44023 listed at $309,990 pairs $2,222/mo rent with a $1,517/mo payment to leave $183/mo cash flow. Total monthly income runs $2,222/mo, and annual cash flow reaches $2,198/yr on $102,762 cash to close. Return on cash invested measures 22.05% in year one, and rental yield registers 8.6% at a $309,990 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,645 by year five. Five-year ROI tracks 114.86% and total cumulative return in cash totals $118,036. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,222/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
1.51 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: Kristen Monroe • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5182704