1805 Keystone RdParmaOH44134
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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 Parma at 1805 Keystone Rd, Parma, OH, 44134 listed at $229,900 pairs $1,586/mo rent with a $1,125/mo payment to leave $74/mo cash flow. Total monthly income runs $1,586/mo, and annual cash flow reaches $888/yr on $76,212 cash to close. Return on cash invested measures 21.07% in year one, and rental yield registers 8.28% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 109.59% and total cumulative return in cash totals $83,519. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,586/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44134, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,247 (100%) |
| Owner Occupied HU | 12,546 (72.7%) |
| Renter Occupied HU | 3,933 (22.8%) |
| Vacant Housing Units | 768 ( 4.5%) |
| Median Home Value | $167,335 |
| Average Home Value | $194,634 |
Housing Distribution
Address Breakdown
Residential
17,030
Single Family
15,171
Multi-Family
1,859
Businesses
884
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Listed by: Charles Maurer • CENTURY 21 DePiero & Associates, Inc.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5108410
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