








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Olmsted Falls at 23002 Chandlers Ln APT 337, Olmsted Falls, OH, 44138 generates $2,010/mo in rent and, after a $783/mo payment, leaves $730/mo in cash flow. Total monthly income is $2,010/mo, and annual cash flow is $8,759/yr on $53,007 invested. Return on cash invested sits at 36.43% in year one, and rental yield is 15.08% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 193.84% and total cumulative return in cash sums $102,750. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,010/mo property income rather than buyer’s personal income.
Condo
Built in 2020
3.13 Acres lot
$N/A/sqft
$205 monthly HOA
Neighborhood data shown for ZIP Code: 44138, Olmsted Falls, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,137 (100%) |
| Owner Occupied HU | 7,629 (75.3%) |
| Renter Occupied HU | 2,036 (20.1%) |
| Vacant Housing Units | 472 ( 4.7%) |
| Median Home Value | $274,659 |
| Average Home Value | $287,334 |
Residential
10,176
Single Family
8,739
Multi-Family
1,437
Businesses
305
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Listed for sale | $159,900 |
| 2024-09-16 | Pending sale | $159,900 |
| 2024-09-05 | Listed for sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2705.58 | 0.60% | $35,840 | N/A |
| 2022-10-15 | $2689.50 | 38.09% | $35,840 | 36.69% |
| 2021-10-15 | $1947.64 | 6551.78% | $26,220 | 7391.43% |



Listed by: MarieRose J Nader • Howard Hanna
Mls Name: MLS Now
Mls ID: #5067800