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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Berea at 189 E Bridge St, Berea, OH, 44017 offers $2,007/mo rent that, after a $974/mo payment, leaves $698/mo cash flow. Total monthly income is $2,007/mo, and annual cash flow is $8,376/yr on $65,969 cash. Return on cash invested measures 32.61% in year one, and rental yield stands at 12.1% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 171.51% and total cumulative return in cash reaches $113,142. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,007/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1911
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44017, Berea, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,111 (100%) |
| Owner Occupied HU | 5,471 (67.5%) |
| Renter Occupied HU | 2,163 (26.7%) |
| Vacant Housing Units | 477 ( 5.9%) |
| Median Home Value | $220,750 |
| Average Home Value | $260,679 |
Residential
8,061
Single Family
6,706
Multi-Family
1,355
Businesses
685
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Rita Legan • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5169129
