260 Stone Ridge WayBereaOH44017
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
Investment property for sale in Berea at 260 Stone Ridge Way, Berea, OH, 44017 at $499,999 posts ROI 21.5% with $219/mo cash flow from $3,508/mo rent. Total monthly income equals $3,508/mo, and annual cash flow records $2,632/yr on $165,750 to close. Return on cash invested measures 21.5% and rental yield reads 8.42% at the current $499,999. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 by year five. Five-year ROI prints 111.88% and total cumulative return in cash totals $185,443.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,508/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
7,657 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44017, Berea, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,111 (100%) |
| Owner Occupied HU | 5,471 (67.5%) |
| Renter Occupied HU | 2,163 (26.7%) |
| Vacant Housing Units | 477 ( 5.9%) |
| Median Home Value | $220,750 |
| Average Home Value | $260,679 |
Housing Distribution
Address Breakdown
Residential
8,061
Single Family
6,706
Multi-Family
1,355
Businesses
685
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