26543 Schaefer DrNorth RidgevilleOH44039
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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 North Ridgeville at 26543 Schaefer Dr, North Ridgeville, OH, 44039 earns $935/mo cash flow from $2,640/mo rent with a $1,269/mo payment. Total monthly income totals $2,640/mo, and annual cash flow totals $11,216/yr on $85,925 capital. ROI tracks 32.96% on current figures, and rental yield reads 12.22% at a $259,200 purchase. Equity gained on principal adds $1,673/yr, and 5% annual appreciation supports $71,612 over five years. Five-year ROI reaches 173.35% and total cumulative return in cash sums $148,950. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,640/mo property income instead of your personal income.
Single Family
Built in 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44039, North Ridgeville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,553 (100%) |
| Owner Occupied HU | 13,447 (86.5%) |
| Renter Occupied HU | 1,576 (10.1%) |
| Vacant Housing Units | 530 ( 3.4%) |
| Median Home Value | $261,243 |
| Average Home Value | $286,939 |
Housing Distribution
Address Breakdown
Residential
15,610
Single Family
15,152
Multi-Family
458
Businesses
604
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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #5138657