24530 Bruce Rd, Bay Village, OH, 44140 | 7.19% Rental Yield

For Sale

Ziffy Mortgage

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

Total monthly income runs $2,097/mo, and a $1,713/mo payment. Purchase price stands at $349,900, and rental yield measures 7.19% with $2,097/mo rent. Return on cash invested shows 17.15% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 88.75% and total cumulative return in cash records $102,942. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,097/mo property income covering a $1,713/mo payment rather than investor’s personal income.

Single Family

Built in 1950

7,840 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 44140, Bay Village, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,299 (100%)
Owner Occupied HU	5,573 (88.5%)
Renter Occupied HU	463 ( 7.4%)
Vacant Housing Units	263 ( 4.2%)
Median Home Value	$346,297
Average Home Value	$400,904