23781 Columbus RdBedford HeightsOH44146
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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 Bedford Heights at 23781 Columbus Rd, Bedford Heights, OH, 44146 offers a 10.49% rental yield on a $206,000 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $1,008/mo payment leaves $445/mo available for distribution. Annual cash flow reaches $5,343/yr on $68,289 to close, and return on cash invested stands at 27.73% in year one. Equity gained on principal adds $1,329/yr while 5% annual appreciation supports $56,914 over five years. Portfolio math shows five-year ROI at 145.37% and total cumulative return in cash at $99,272. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $1,008/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1914
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44146, Bedford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,626 (100%) |
| Owner Occupied HU | 8,083 (51.7%) |
| Renter Occupied HU | 6,440 (41.2%) |
| Vacant Housing Units | 1,103 ( 7.1%) |
| Median Home Value | $171,047 |
| Average Home Value | $211,867 |
Housing Distribution
Address Breakdown
Residential
14,944
Single Family
10,555
Multi-Family
4,389
Businesses
1,314
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Listed by: Valerie A Couch • Smartland, LLC.
Mls Name: MLS Now
Mls ID: #5181560