2242 16th St, Cuyahoga Falls, OH, 44223 | 7.66% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,203/mo, and a $1,688/mo payment. Purchase price stands at $344,900, and rental yield measures 7.66% with $2,203/mo rent. Return on cash invested shows 19.22% in year one, and 5% annual appreciation builds toward $95,290 over five years. Five-year ROI reaches 99.68% and total cumulative return in cash records $113,973. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,203/mo property income covering a $1,688/mo payment rather than investor’s personal income.

Single Family

Built in 1929

6,821 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 44223, Cuyahoga Falls, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,805 (100%)
Owner Occupied HU	6,400 (65.3%)
Renter Occupied HU	2,924 (29.8%)
Vacant Housing Units	481 ( 4.9%)
Median Home Value	$251,874
Average Home Value	$293,032