200 Granger Rd UNIT 35MedinaOH44256
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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 Medina at 200 Granger Rd UNIT 35, Medina, OH, 44256 offers a 9.86% rental yield on a $177,900 purchase with $1,462/mo rent. 38% in year one. Equity gained on principal adds $1,148/yr while 5% annual appreciation supports $49,150 over five years. Portfolio math shows five-year ROI at 87.89% and total cumulative return in cash at $51,833. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,462/mo property income against a $871/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1968
1,019 sqft lot
$N/A/sqft
$465 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44256, Medina, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,490 (100%) |
| Owner Occupied HU | 21,011 (76.4%) |
| Renter Occupied HU | 5,268 (19.2%) |
| Vacant Housing Units | 1,211 ( 4.4%) |
| Median Home Value | $336,289 |
| Average Home Value | $370,303 |
Housing Distribution
Address Breakdown
Residential
27,371
Single Family
25,459
Multi-Family
1,912
Businesses
1,848
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Listed by: Richard L Baker • Keller Williams Elevate
Mls Name: MLS Now
Mls Provider:
Mls ID: #5098751
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