2423 Fenwick Rd, University Heights, OH, 44118 | $845/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in University Heights at 2423 Fenwick Rd, University Heights, OH, 44118 uses $91,163 cash to close to unlock $10,140/yr annual cash flow and $845/mo monthly cash flow. Total monthly income runs $2,854/mo, and a $1,346/mo payment keeps the spread at $845/mo. Purchase price stands at $275,000, and rental yield measures 12.45% with $2,854/mo rent. Return on cash invested shows 31.03% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 164% and total cumulative return in cash records $149,507. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,854/mo property income covering a $1,346/mo payment rather than investor’s personal income.

Single Family

Built in 1956

6,799 sqft lot

$N/A/sqft

No HOA