19400 Mayfair LnWarrensville HeightsOH44128
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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 Warrensville Heights at 19400 Mayfair Ln, Warrensville Heights, OH, 44128 offers a 9.49% rental yield on a $110,000 purchase with $870/mo rent. Total monthly income registers $870/mo, and a $538/mo payment leaves $147/mo available for distribution. Annual cash flow reaches $1,762/yr on $36,465 to close, and return on cash invested stands at 24.74% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 129.26% and total cumulative return in cash at $47,136. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $870/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,588 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44128, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,778 (100%) |
| Owner Occupied HU | 6,205 (45.0%) |
| Renter Occupied HU | 6,130 (44.5%) |
| Vacant Housing Units | 1,443 (10.5%) |
| Median Home Value | $94,379 |
| Average Home Value | $145,873 |
Housing Distribution
Address Breakdown
Residential
12,826
Single Family
10,072
Multi-Family
2,754
Businesses
1,193
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Listed by: Shane Reid • Century 21 Homestar
Mls Name: MLS Now
Mls ID: #5165454