22580 Chardon RdEuclidOH44117
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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
Rental property for sale in Euclid at 22580 Chardon Rd, Euclid, OH, 44117 generates $1,191/mo in rent and, after a $734/mo payment, leaves $205/mo in cash flow. Total monthly income is $1,191/mo, and annual cash flow is $2,454/yr on $49,725 invested. Return on cash invested sits at 24.84% in year one, and rental yield is 9.53% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 129.87% and total cumulative return in cash sums $64,578. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,191/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44117, Euclid, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,453 (100%) |
| Owner Occupied HU | 2,207 (34.2%) |
| Renter Occupied HU | 3,674 (56.9%) |
| Vacant Housing Units | 572 ( 8.9%) |
| Median Home Value | $158,009 |
| Average Home Value | $172,208 |
Housing Distribution
Address Breakdown
Residential
5,446
Single Family
3,145
Multi-Family
2,301
Businesses
331
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