2555 23rd StCuyahoga FallsOH44223
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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 Cuyahoga Falls at 2555 23rd St, Cuyahoga Falls, OH, 44223 uses $66,300 cash to close to unlock $6,196/yr annual cash flow and $516/mo monthly cash flow. Total monthly income runs $1,832/mo, and a $979/mo payment keeps the spread at $516/mo. Purchase price stands at $200,000, and rental yield measures 10.99% with $1,832/mo rent. Return on cash invested shows 29.25% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 153.5% and total cumulative return in cash records $101,768. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,832/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1948
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44223, Cuyahoga Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,805 (100%) |
| Owner Occupied HU | 6,400 (65.3%) |
| Renter Occupied HU | 2,924 (29.8%) |
| Vacant Housing Units | 481 ( 4.9%) |
| Median Home Value | $251,874 |
| Average Home Value | $293,032 |
Housing Distribution
Address Breakdown
Residential
8,385
Single Family
7,842
Multi-Family
543
Businesses
622
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Listed by: Dianna S Palmeri • Howard Hanna
Mls Name: MLS Now
Mls ID: #5166597