21 Carousel Ln #CAS21Olmsted FallsOH44138
Nearby investment properties with comparable rents
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
Rental property for sale in Olmsted Falls at 21 Carousel Ln #CAS21, Olmsted Falls, OH, 44138 priced at $135,900 converts $1,699/mo rent into $805/mo cash flow after a $665/mo obligation. Total monthly income equals $1,699/mo, and annual cash flow totals $9,663/yr on $45,051 invested. Return on cash invested prints 41.36% in year one, and rental yield reads 15% against a $135,900 entry. Equity gained on principal adds $877/yr, while 5% annual appreciation compiles into $37,547 by year five. Five-year ROI reaches 218.46% and total cumulative return in cash sums $98,419. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,699/mo property income covering a $665/mo payment, not borrower’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44138, Olmsted Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,137 (100%) |
| Owner Occupied HU | 7,629 (75.3%) |
| Renter Occupied HU | 2,036 (20.1%) |
| Vacant Housing Units | 472 ( 4.7%) |
| Median Home Value | $274,659 |
| Average Home Value | $287,334 |
Housing Distribution
Address Breakdown
Residential
10,176
Single Family
8,739
Multi-Family
1,437
Businesses
305
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Nearby investment properties with comparable prices
Listed by: Nate Walker • Windward Communities
Mls Name: Windward Communities
Mls Provider:
Mls ID: #N/A