26633 Lake Of The Falls Blvd, Olmsted Falls, OH, 44138 | $217/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Olmsted Falls at 26633 Lake Of The Falls Blvd, Olmsted Falls, OH, 44138 earns $217/mo cash flow from $1,335/mo rent with a $832/mo payment. Total monthly income totals $1,335/mo, and annual cash flow totals $2,604/yr on $56,322 capital. ROI tracks 24.53% on current figures, and rental yield reads 9.43% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 128.14% and total cumulative return in cash sums $72,170. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,335/mo property income instead of your personal income.

Condo

Built in 1972

N/A lot

$N/A/sqft

No HOA

More details about the property

Don't miss your chance to own this modern contemporary-looking design townhouse in the sought-after Lake of the Falls. This secluded end unit with private outdoor patio overlooking the lake, updates include kitchen w granite counter tops, oak expresso flooring, baths, newer H20, updated paint colors, newer carpeting, new exterior heavy duty storm door, all the closets have custom organizing shelves- All appliances stay. Attached 1 car garage w/new opener, great access to fantastic community amenities like a pool and playground, this is the home you've been waiting for schedule a tour today before it is gone!

Neighborhood Data

Neighborhood data shown for ZIP Code: 44138, Olmsted Falls, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,137 (100%)
Owner Occupied HU	7,629 (75.3%)
Renter Occupied HU	2,036 (20.1%)
Vacant Housing Units	472 ( 4.7%)
Median Home Value	$274,659
Average Home Value	$287,334