23 S River RdMunroe FallsOH44262
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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 Munroe Falls at 23 S River Rd, Munroe Falls, OH, 44262 listed at $129,900 pairs $1,517/mo rent with a $636/mo payment to leave $452/mo cash flow. Total monthly income runs $1,517/mo, and annual cash flow reaches $5,428/yr on $43,062 cash to close. Return on cash invested measures 32.51% in year one, and rental yield registers 14.01% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 173.15% and total cumulative return in cash totals $74,563. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,517/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1970
1,180 sqft lot
$N/A/sqft
$210 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44262, Munroe Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,122 (100%) |
| Owner Occupied HU | 1,734 (81.7%) |
| Renter Occupied HU | 329 (15.5%) |
| Vacant Housing Units | 59 ( 2.8%) |
| Median Home Value | $254,141 |
| Average Home Value | $324,572 |
Housing Distribution
Address Breakdown
Residential
2,190
Single Family
1,917
Multi-Family
273
Businesses
158
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Nearby investment properties with comparable prices
Listed by: Kathleen DePaul • Kremer Realty Inc.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5147415
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