23003 Chandlers Ln APT 219, Olmsted Falls, OH, 44138 | $160/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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23003 Chandlers Ln APT 219, Olmsted Falls, OH, 44138 | $160/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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23004 Chandler Olmsted, olmsted, OH, 44138

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23004 Chandlers Ln APT 115, Olmsted Falls, OH, 44138

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

Rental property for sale in Olmsted Falls at 23003 Chandlers Ln APT 219, Olmsted Falls, OH, 44138 generates $1,245/mo in rent and, after a $807/mo payment, leaves $160/mo in cash flow. Total monthly income is $1,245/mo, and annual cash flow is $1,925/yr on $54,664 invested. Return on cash invested sits at 23.43% in year one, and rental yield is 9.06% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 122.3% and total cumulative return in cash sums $66,856. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,245/mo property income rather than buyer’s personal income.

Condo

Built in 2003

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained two-bedroom, two-bath condo offering true one-floor living with elevator access. The split-bedroom design provides privacy, with the spacious primary suite featuring its own en-suite bath with a walk-in shower and a large walk-in closet. The second bedroom also enjoys its own full bath and walk-in closetperfect for guests or a comfortable home office setup. The large living room boasts a cozy gas fireplace and brand-new carpet (2025), flowing seamlessly into the kitchen, which features beautiful cabinetry, a breakfast bar, and new stove and microwave (2025). All appliances stay for your convenience. Enjoy a nice-sized patio with an additional storage closet, plus even more storage and a one-car garage located just down the hall. With low maintenance living, modern updates, and a fantastic layout, this condo is move-in ready and designed for comfort and convenience.

Neighborhood Data

Neighborhood data shown for ZIP Code: 44138, Olmsted Falls, OH area.

Housing Distribution

Housing Statistics

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