265 Parkway DrEastlakeOH44095
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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 Eastlake at 265 Parkway Dr, Eastlake, OH, 44095 with 5% annual appreciation on a $208,100 basis while $2,261/mo rent supports operations. Total monthly income totals $2,261/mo and a $1,019/mo payment preserves $856/mo for cash returns. Annual cash flow comes to $10,268/yr on $68,985 deployed, and return on cash invested reaches 34.79% in year one. Equity gained on principal adds $1,343/yr, and five-year appreciation sums $57,494 alongside rental yield of 13.04%. Five-year ROI measures 183.42% and total cumulative return in cash totals $126,535.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,261/mo property income versus a $1,019/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44095, Eastlake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,632 (100%) |
| Owner Occupied HU | 11,292 (72.2%) |
| Renter Occupied HU | 3,726 (23.8%) |
| Vacant Housing Units | 614 ( 3.9%) |
| Median Home Value | $171,041 |
| Average Home Value | $221,257 |
Housing Distribution
Address Breakdown
Residential
15,080
Single Family
13,615
Multi-Family
1,465
Businesses
836
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