200 Wyleswood Dr, Berea, OH, 44017 | $225/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Berea at 200 Wyleswood Dr, Berea, OH, 44017 priced at $170,000 converts $1,343/mo rent into $225/mo cash flow after a $832/mo obligation. Total monthly income equals $1,343/mo, and annual cash flow totals $2,698/yr on $56,355 invested. Return on cash invested prints 24.7% in year one, and rental yield reads 9.48% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 129.03% and total cumulative return in cash sums $72,717. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,343/mo property income covering a $832/mo payment, not borrower’s personal income.

Single Family

Built in 1951

9,361 sqft lot

$N/A/sqft

No HOA

More details about the property

If you're looking for a great home to work on as you go and live in as you go? This adorable 3 bedroom Berea ranch is awaiting your arrival! The hot water tank was replaced 2025, windows were installed 4 years ago, and the furnace was changed over to forced air 4 years ago, as well. You can add AC if you like, however, the current seller is leaving the window units for the next owner. The hardwood floors are in good shape and could easily be refinished, the roof is approximately 10 years old and there is a huge crawl space for easy access to mechanicals. There is a 1 car garage that is large enough to convert to a 2 car or make a nice workshop area/bike storage, etc. This really is one floor living at it's best, tucked in a neighborhood close to the Metroparks, downtown Berea, Coe and Wallace Lake, shopping & dining.

Neighborhood Data

Neighborhood data shown for ZIP Code: 44017, Berea, OH area.

Housing Distribution

Housing Statistics

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