2063 Columbia RdWestlakeOH44145
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Nearby investment properties with comparable prices
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 Westlake at 2063 Columbia Rd, Westlake, OH, 44145 at $389,000 posts ROI 21.34% with $154/mo cash flow from $2,713/mo rent. Total monthly income equals $2,713/mo, and annual cash flow records $1,850/yr on $128,954 to close. Return on cash invested measures 21.34% and rental yield reads 8.37% at the current $389,000. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,474 by year five. Five-year ROI prints 111.07% and total cumulative return in cash totals $143,226.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,713/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1936
9,901 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44145, Westlake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,446 (100%) |
| Owner Occupied HU | 10,279 (66.5%) |
| Renter Occupied HU | 4,245 (27.5%) |
| Vacant Housing Units | 922 ( 6.0%) |
| Median Home Value | $359,821 |
| Average Home Value | $428,848 |
Housing Distribution
Address Breakdown
Residential
15,581
Single Family
11,117
Multi-Family
4,464
Businesses
1,922
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