23855 David DrNorth OlmstedOH44070
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 North Olmsted at 23855 David Dr, North Olmsted, OH, 44070 listed at $120,000 pairs $944/mo rent with a $587/mo payment. Total monthly income runs $944/mo. Return on cash invested measures 14.93% in year one, and rental yield registers 9.44% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 80.14% and total cumulative return in cash totals $31,879. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $944/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1964
9.14 Acres lot
$N/A/sqft
$320 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44070, North Olmsted, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,298 (100%) |
| Owner Occupied HU | 10,418 (72.9%) |
| Renter Occupied HU | 3,234 (22.6%) |
| Vacant Housing Units | 646 ( 4.5%) |
| Median Home Value | $219,250 |
| Average Home Value | $237,989 |
Housing Distribution
Address Breakdown
Residential
14,046
Single Family
10,924
Multi-Family
3,122
Businesses
964
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Listed by: Nicholas R Papas • Keller Williams Chervenic Rlty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5117204
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