18601 Buccaneer Creek LnStrongsvilleOH44136
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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
Total monthly income runs $1,626/mo, and a $1,260/mo payment. Purchase price stands at $257,500, and rental yield measures 7.58% with $1,626/mo rent. Return on cash invested shows 15.4% in year one, and 5% annual appreciation builds toward $71,143 over five years. Five-year ROI reaches 80.51% and total cumulative return in cash records $68,725. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,626/mo property income covering a $1,260/mo payment rather than investor’s personal income.
Condo
Built in 1987
3.12 Acres lot
$N/A/sqft
$3,040 annually HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-08-26 | Sold | $257,500 |
| 2025-07-21 | Contingent | $274,900 |
| 2025-07-11 | Listed for sale | $274,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: Condo
- Year Built: 1987
- Architectural Style: Colonial
- Building Area: 1,584
- Living Area: 1,584 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air
- Cooling: Central Air
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Attached, Garage
Location
- City: Strongsville
- State: OH
- Subdivision: Spyglass Hill
- Lot Size: 3.12 Acres
- Lot Features: Wooded
- View: Trees/Woods
HOA & Fees
- HOA Fee: $3,040 annually
- Association Fee: $400 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Association Management, Common Area Maintenance, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities, Snow Removal
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Heather Srodek • Howard Hanna
Mls Name: MLS Now
Mls ID: #5135568