22700 Lake Rd #201Rocky RiverOH44116
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
Investment property for sale in Rocky River at 22700 Lake Rd #201, Rocky River, OH, 44116 projects strong ROI of -1.76%. Rental yield 1.41%. With 5% annual appreciation, the property builds $605,057 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 2022
N/A lot
$N/A/sqft
$1,259 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joann Musbach • The Agency Cleveland Northcoast
Mls Name: MLS Now
Mls Provider:
Mls ID: #5026695
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2024 - Multiple Listing Service, Inc. All Rights Reserved.