1861 Drenik DrWickliffeOH44092
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wickliffe at 1861 Drenik Dr, Wickliffe, OH, 44092 listed at $155,000 pairs $2,078/mo rent with a $759/mo payment to leave $965/mo cash flow. Total monthly income runs $2,078/mo, and annual cash flow reaches $11,580/yr on $51,383 cash to close. Return on cash invested measures 42.44% in year one, and rental yield registers 16.09% at a $155,000 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,824 by year five. Five-year ROI tracks 225% and total cumulative return in cash totals $115,612. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,078/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
10,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44092, Wickliffe, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,336 (100%) |
| Owner Occupied HU | 5,271 (63.2%) |
| Renter Occupied HU | 2,538 (30.4%) |
| Vacant Housing Units | 527 ( 6.3%) |
| Median Home Value | $188,634 |
| Average Home Value | $248,718 |
Housing Distribution
Address Breakdown
Residential
7,919
Single Family
6,436
Multi-Family
1,483
Businesses
603
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Nearby investment properties with comparable prices
Listed by: Sue Grazia • McDowell Homes Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5156515
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