24681 Aurora RdBedford 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
Investment property for sale in Bedford Heights at 24681 Aurora Rd, Bedford Heights, OH, 44146 uses $37,128 cash to close to unlock $4,122/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $1,080/mo, and a $548/mo payment keeps the spread at $343/mo. Purchase price stands at $112,000, and rental yield measures 11.57% with $1,080/mo rent. Return on cash invested shows 31.01% in year one, and 5% annual appreciation builds toward $30,944 over five years. Five-year ROI reaches 162.94% and total cumulative return in cash records $60,495. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $548/mo payment rather than investor’s personal income.
Single Family
Built in 1944
4,800 sqft 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: Melissa A Lupton • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5166874