186 Columbus StChagrin FallsOH44022
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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
Rental property for sale in Chagrin Falls at 186 Columbus St, Chagrin Falls, OH, 44022 priced at $321,500 converts $2,994/mo rent into $879/mo cash flow after a $1,574/mo obligation. Total monthly income equals $2,994/mo, and annual cash flow totals $10,546/yr on $106,577 invested. Return on cash invested prints 29.8% in year one, and rental yield reads 11.18% against a $321,500 entry. Equity gained on principal adds $2,075/yr, while 5% annual appreciation compiles into $88,825 by year five. Five-year ROI reaches 156.42% and total cumulative return in cash sums $166,710. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,994/mo property income covering a $1,574/mo payment, not borrower’s personal income.
Single Family
Built in 1956
6,303 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44022, Chagrin Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,308 (100%) |
| Owner Occupied HU | 5,959 (81.5%) |
| Renter Occupied HU | 812 (11.1%) |
| Vacant Housing Units | 537 ( 7.3%) |
| Median Home Value | $451,171 |
| Average Home Value | $555,710 |
Housing Distribution
Address Breakdown
Residential
7,309
Single Family
6,785
Multi-Family
524
Businesses
658
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Listed by: Muffi Sherwin • Berkshire Hathaway HomeServices Professional Realty
Mls Name: MLS Now
Mls ID: #5151992