205 S Franklin StChagrin FallsOH44022
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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 Chagrin Falls at 205 S Franklin St, Chagrin Falls, OH, 44022 listed at $1,800,000 pairs $5,288/mo rent with a $8,810/mo payment. Total monthly income runs $5,288/mo. Return on cash invested measures 6.89% in year one, and rental yield registers 3.53% at a $1,800,000 basis. Equity gained on principal adds $11,615/yr, and annual property appreciation at 5% supports $497,307 by year five. Five-year ROI tracks 33.44% and total cumulative return in cash totals $195,011. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,288/mo property income relative to a $8,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44022, Chagrin Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,308 (100%) |
| Owner Occupied HU | 5,959 (81.5%) |
| Renter Occupied HU | 812 (11.1%) |
| Vacant Housing Units | 537 ( 7.3%) |
| Median Home Value | $451,171 |
| Average Home Value | $555,710 |
Housing Distribution
Address Breakdown
Residential
7,309
Single Family
6,785
Multi-Family
524
Businesses
658
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Listed by: Cici Riley • Howard Hanna
Mls Name: MLS Now
Mls ID: #5123755