24645 Eldridge BlvdBedford HeightsOH44146
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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
Rental property for sale in Bedford Heights at 24645 Eldridge Blvd, Bedford Heights, OH, 44146 generates $1,327/mo in rent and, after a $832/mo payment, leaves $209/mo in cash flow. Total monthly income is $1,327/mo, and annual cash flow is $2,508/yr on $56,322 invested. Return on cash invested sits at 24.36% in year one, and rental yield is 9.37% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 127.22% and total cumulative return in cash sums $71,654. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,327/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44146, Bedford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,626 (100%) |
| Owner Occupied HU | 8,083 (51.7%) |
| Renter Occupied HU | 6,440 (41.2%) |
| Vacant Housing Units | 1,103 ( 7.1%) |
| Median Home Value | $171,047 |
| Average Home Value | $211,867 |
Housing Distribution
Address Breakdown
Residential
14,944
Single Family
10,555
Multi-Family
4,389
Businesses
1,314
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Listed by: Tameka N Lewis • T. Lewis Realty, LLC
Mls Name: MLS Now
Mls ID: #5170307