19364 Ridgeline CtStrongsvilleOH44136
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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 Strongsville at 19364 Ridgeline Ct, Strongsville, OH, 44136 offers a 8.28% rental yield on a $549,500 purchase with $3,792/mo rent. Total monthly income registers $3,792/mo, and a $2,690/mo payment leaves $177/mo available for distribution. Annual cash flow reaches $2,124/yr on $180,786 to close, and return on cash invested stands at 21.24% in year one. Equity gained on principal adds $3,546/yr while 5% annual appreciation supports $151,817 over five years. Portfolio math shows five-year ROI at 110.46% and total cumulative return in cash at $199,689. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,792/mo property income against a $2,690/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.32 Acres lot
$N/A/sqft
No HOA
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
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Listed by: Lauren Terzigni • RE/MAX Crossroads Properties
Mls Name: MLS Now
Mls ID: #5159219