21200 Castlewood DrStrongsvilleOH44149
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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 Strongsville at 21200 Castlewood Dr, Strongsville, OH, 44149 offers a 9.96% rental yield on a $720,000 purchase with $5,977/mo rent. Total monthly income registers $5,977/mo, and a $3,524/mo payment leaves $1,216/mo available for distribution. Annual cash flow reaches $14,592/yr on $236,880 to close, and return on cash invested stands at 26.22% in year one. Equity gained on principal adds $4,646/yr while 5% annual appreciation supports $198,923 over five years. Portfolio math shows five-year ROI at 137.21% and total cumulative return in cash at $325,015. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,977/mo property income against a $3,524/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
0.46 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44149, Strongsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,346 (100%) |
| Owner Occupied HU | 7,184 (86.1%) |
| Renter Occupied HU | 766 ( 9.2%) |
| Vacant Housing Units | 396 ( 4.7%) |
| Median Home Value | $323,274 |
| Average Home Value | $343,366 |
Housing Distribution
Address Breakdown
Residential
8,321
Single Family
8,038
Multi-Family
283
Businesses
328
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Listed by: Misti L Mancuso • Howard Hanna
Mls Name: MLS Now
Mls ID: #5131081