2604 Hawthorne RdCuyahoga FallsOH44221
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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 2604 Hawthorne Rd, Cuyahoga Falls, OH, 44221 offers a 12.44% rental yield on a $190,000 purchase with $1,970/mo rent. Total monthly income registers $1,970/mo, and a $930/mo payment leaves $720/mo available for distribution. Annual cash flow reaches $8,642/yr on $62,985 to close, and return on cash invested stands at 33.63% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 177% and total cumulative return in cash at $111,480. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,970/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
7,000 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
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Listed by: Sharlene Cox • Howard Hanna
Mls Name: MLS Now
Mls ID: #5161230