18 Dorset CtBeachwoodOH44122
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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 Beachwood at 18 Dorset Ct, Beachwood, OH, 44122 uses $145,529 cash to close to unlock $5,172/yr annual cash flow and $431/mo monthly cash flow. Total monthly income runs $3,319/mo, and a $2,149/mo payment keeps the spread at $431/mo. Purchase price stands at $439,000, and rental yield measures 9.07% with $3,319/mo rent. Return on cash invested shows 23.46% in year one, and 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 122.44% and total cumulative return in cash records $178,184. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,319/mo property income covering a $2,149/mo payment rather than investor’s personal income.
Condo
Built in 1987
1,890 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44122, Beachwood, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,957 (100%) |
| Owner Occupied HU | 9,374 (55.3%) |
| Renter Occupied HU | 6,116 (36.1%) |
| Vacant Housing Units | 1,467 ( 8.7%) |
| Median Home Value | $330,080 |
| Average Home Value | $368,661 |
Housing Distribution
Address Breakdown
Residential
16,592
Single Family
10,817
Multi-Family
5,775
Businesses
2,163
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