2375 Clague RdWestlakeOH44145
Nearby investment properties with comparable rents
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 Westlake at 2375 Clague Rd, Westlake, OH, 44145 listed at $297,000 pairs $2,039/mo rent with a $1,454/mo payment to leave $85/mo cash flow. Total monthly income runs $2,039/mo, and annual cash flow reaches $1,021/yr on $98,456 cash to close. Return on cash invested measures 20.95% in year one, and rental yield registers 8.24% at a $297,000 basis. Equity gained on principal adds $1,916/yr, and annual property appreciation at 5% supports $82,056 by year five. Five-year ROI tracks 108.96% and total cumulative return in cash totals $107,274. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,039/mo property income relative to a $1,454/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1873
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44145, Westlake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,446 (100%) |
| Owner Occupied HU | 10,279 (66.5%) |
| Renter Occupied HU | 4,245 (27.5%) |
| Vacant Housing Units | 922 ( 6.0%) |
| Median Home Value | $359,821 |
| Average Home Value | $428,848 |
Housing Distribution
Address Breakdown
Residential
15,581
Single Family
11,117
Multi-Family
4,464
Businesses
1,922
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices