234 Jennings AveCuyahoga FallsOH44221
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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 Cuyahoga Falls at 234 Jennings Ave, Cuyahoga Falls, OH, 44221 offers $1,660/mo rent that, after a $929/mo payment, leaves $411/mo cash flow. Total monthly income is $1,660/mo, and annual cash flow is $4,936/yr on $62,952 cash. Return on cash invested measures 27.75% in year one, and rental yield stands at 10.49% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 145.43% and total cumulative return in cash reaches $91,553. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,660/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
7,021 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44221, Cuyahoga Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,653 (100%) |
| Owner Occupied HU | 8,080 (55.1%) |
| Renter Occupied HU | 5,925 (40.4%) |
| Vacant Housing Units | 648 ( 4.4%) |
| Median Home Value | $165,896 |
| Average Home Value | $191,382 |
Housing Distribution
Address Breakdown
Residential
14,460
Single Family
12,323
Multi-Family
2,137
Businesses
766
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Listed by: Jody Rearick • RE/MAX Diversity Real Estate Group LLC
Mls Name: MLS Now
Mls ID: #5144011