23400 Emery RdWarrensville HeightsOH44128
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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
Investment property for sale in Warrensville Heights at 23400 Emery Rd, Warrensville Heights, OH, 44128 listed at $225,000 pairs $2,855/mo rent with a $1,101/mo payment to leave $1,375/mo cash flow. Total monthly income runs $2,855/mo, and annual cash flow reaches $16,503/yr on $74,588 cash to close. Return on cash invested measures 42.03% in year one, and rental yield registers 15.23% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 222.03% and total cumulative return in cash totals $165,609. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,855/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44128, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,778 (100%) |
| Owner Occupied HU | 6,205 (45.0%) |
| Renter Occupied HU | 6,130 (44.5%) |
| Vacant Housing Units | 1,443 (10.5%) |
| Median Home Value | $94,379 |
| Average Home Value | $145,873 |
Housing Distribution
Address Breakdown
Residential
12,826
Single Family
10,072
Multi-Family
2,754
Businesses
1,193
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Listed by: Susan M Loparo • RE/MAX Crossroads Properties
Mls Name: MLS Now
Mls Provider:
Mls ID: #5093065
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