23968 Birch LnNorth 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 23968 Birch Ln, North Olmsted, OH, 44070 earns $596/mo cash flow from $2,306/mo rent with a $1,253/mo payment. Total monthly income totals $2,306/mo, and annual cash flow totals $7,158/yr on $84,864 capital. ROI tracks 28.34% on current figures, and rental yield reads 10.81% at a $256,000 purchase. Equity gained on principal adds $1,652/yr, and 5% annual appreciation supports $70,728 over five years. Five-year ROI reaches 148.74% and total cumulative return in cash sums $126,226. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,306/mo property income instead of your personal income.
Single Family
Built in 1958
10,402 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph F Rutkowski • HomeSmart Real Estate Momentum LLC
Mls Name: MLS Now
Mls Provider:
Mls ID: #5145265
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.