247 Monroe AveCuyahoga FallsOH44221
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cuyahoga Falls at 247 Monroe Ave, Cuyahoga Falls, OH, 44221 priced at $224,900 pairs $1,977/mo rent with $497/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,977/mo, and annual cash flow comes to $5,969/yr on $74,554 invested. Return on cash invested is 27.92% in year one, and rental yield stands at 10.55% on a $224,900 basis. Equity gained on principal adds $1,451/yr, and 5% annual appreciation accumulates to $62,136 by year five. Five-year ROI measures 146.33% and total cumulative return in cash reaches $109,093. For financing, Ziffy Mortgage’s DSCR program evaluates $1,977/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
6,298 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44221, Cuyahoga Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,653 (100%) |
| Owner Occupied HU | 8,080 (55.1%) |
| Renter Occupied HU | 5,925 (40.4%) |
| Vacant Housing Units | 648 ( 4.4%) |
| Median Home Value | $165,896 |
| Average Home Value | $191,382 |
Housing Distribution
Address Breakdown
Residential
14,460
Single Family
12,323
Multi-Family
2,137
Businesses
766
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren Moffatt • Keller Williams Chervenic Rlty
Mls Name: MLS Now
Mls ID: #5122835