24400 Rosita LnNorth OlmstedOH44070
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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 North Olmsted at 24400 Rosita Ln, North Olmsted, OH, 44070 listed at $229,999 pairs $1,652/mo rent with a $1,126/mo payment to leave $139/mo cash flow. Total monthly income runs $1,652/mo, and annual cash flow reaches $1,666/yr on $76,245 cash to close. Return on cash invested measures 22.09% in year one, and rental yield registers 8.62% at a $229,999 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,544 by year five. Five-year ROI tracks 115.09% and total cumulative return in cash totals $87,750. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,652/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
8,712 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
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Listed by: Jennifer L Taylor • Russell Real Estate Services
Mls Name: MLS Now
Mls ID: #5183345