2184 Vernon RdUniversity HeightsOH44118




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 University Heights at 2184 Vernon Rd, University Heights, OH, 44118 offers $2,346/mo rent that, after a $969/mo payment, leaves $770/mo cash flow. Total monthly income is $2,346/mo, and annual cash flow is $9,246/yr on $65,637 cash. Return on cash invested measures 33.99% in year one, and rental yield stands at 14.22% at a $198,000 entry. Equity gained on principal adds $1,278/yr while 5% annual appreciation compounds into $54,704 by year five. Five-year ROI records 180.73% and total cumulative return in cash reaches $118,624. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,346/mo property income versus a $969/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
5,401 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Mary Lou McHenry • Howard Hanna
Mls Name: MLS Now
Mls ID: #5118610








