22308 River Walk Rd #7Rocky RiverOH44116
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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 Rocky River at 22308 River Walk Rd #7, Rocky River, OH, 44116 earns $396/mo cash flow from $1,800/mo rent with a $918/mo payment. Total monthly income totals $1,800/mo, and annual cash flow totals $4,756/yr on $62,156 capital. ROI tracks 27.56% on current figures, and rental yield reads 11.52% at a $187,500 purchase. Equity gained on principal adds $1,210/yr, and 5% annual appreciation supports $51,803 over five years. Five-year ROI reaches 145.64% and total cumulative return in cash sums $90,523. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,800/mo property income instead of your personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$170 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44116, Rocky River, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,534 (100%) |
| Owner Occupied HU | 7,068 (67.1%) |
| Renter Occupied HU | 2,772 (26.3%) |
| Vacant Housing Units | 694 ( 6.6%) |
| Median Home Value | $348,818 |
| Average Home Value | $410,013 |
Housing Distribution
Address Breakdown
Residential
10,207
Single Family
6,855
Multi-Family
3,352
Businesses
868
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Listed by: Alfred N Georgy • Hometown Pride Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5063630
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