259 Highland AveMunroe FallsOH44262
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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 Munroe Falls at 259 Highland Ave, Munroe Falls, OH, 44262 generates $2,873/mo in rent and, after a $1,786/mo payment, leaves $473/mo in cash flow. Total monthly income is $2,873/mo, and annual cash flow is $5,671/yr on $120,998 invested. Return on cash invested sits at 24.6% in year one, and rental yield is 9.45% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 128.5% and total cumulative return in cash sums $155,479. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,873/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44262, Munroe Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,122 (100%) |
| Owner Occupied HU | 1,734 (81.7%) |
| Renter Occupied HU | 329 (15.5%) |
| Vacant Housing Units | 59 ( 2.8%) |
| Median Home Value | $254,141 |
| Average Home Value | $324,572 |
Housing Distribution
Address Breakdown
Residential
2,190
Single Family
1,917
Multi-Family
273
Businesses
158
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Listed by: Danielle L Stevens • Howard Hanna
Mls Name: MLS Now
Mls ID: #5128903