2586 River RdWilloughby HillsOH44094
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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 Willoughby Hills at 2586 River Rd, Willoughby Hills, OH, 44094 priced at $675,000 pairs $4,507/mo rent with after a $3,304/mo payment. Total monthly income equals $4,507/mo. Return on cash invested is 19.79% in year one, and rental yield stands at 8.01% on a $675,000 basis. Equity gained on principal adds $4,356/yr, and 5% annual appreciation accumulates to $186,490 by year five. Five-year ROI measures 102.93% and total cumulative return in cash reaches $228,591. For financing, Ziffy Mortgage’s DSCR program evaluates $4,507/mo property income against a $3,304/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2013
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44094, Willoughby, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,698 (100%) |
| Owner Occupied HU | 11,544 (61.7%) |
| Renter Occupied HU | 6,230 (33.3%) |
| Vacant Housing Units | 924 ( 4.9%) |
| Median Home Value | $298,381 |
| Average Home Value | $345,961 |
Housing Distribution
Address Breakdown
Residential
17,916
Single Family
13,373
Multi-Family
4,543
Businesses
1,508
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Listed by: Rachel D Liberati • Howard Hanna
Mls Name: MLS Now
Mls ID: #5120426