2121 Laurel LnStreetsboroOH44241
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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 Streetsboro at 2121 Laurel Ln, Streetsboro, OH, 44241 uses $137,407 cash to close to unlock $6,663/yr annual cash flow and $555/mo monthly cash flow. Total monthly income runs $3,282/mo, and a $2,029/mo payment keeps the spread at $555/mo. Purchase price stands at $414,500, and rental yield measures 9.5% with $3,282/mo rent. Return on cash invested shows 24.76% in year one, and 5% annual appreciation builds toward $114,519 over five years. Five-year ROI reaches 129.38% and total cumulative return in cash records $177,776. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,282/mo property income covering a $2,029/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44241, Streetsboro, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,236 (100%) |
| Owner Occupied HU | 5,704 (69.3%) |
| Renter Occupied HU | 2,252 (27.3%) |
| Vacant Housing Units | 280 ( 3.4%) |
| Median Home Value | $229,850 |
| Average Home Value | $259,669 |
Housing Distribution
Address Breakdown
Residential
8,020
Single Family
7,532
Multi-Family
488
Businesses
480
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