26902 Butternut Ridge Rd, North Olmsted, OH, 44070 | $434/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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26902 Butternut Ridge Rd, North Olmsted, OH, 44070 | $434/mo Cash Flow | Ziffy

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 North Olmsted at 26902 Butternut Ridge Rd, North Olmsted, OH, 44070 offers a 9.63% rental yield on a $299,000 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,463/mo payment leaves $434/mo available for distribution. Annual cash flow reaches $5,204/yr on $99,119 to close, and return on cash invested stands at 25.16% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 131.51% and total cumulative return in cash at $130,354. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1896

0.67 Acres lot

$N/A/sqft

No HOA

More details about the property

Own a piece of history in North Olmsted! Nestled right in the heart of the cityclose to schools, freeways, and shopping centersthis beautifully maintained 1896 colonial farmhouse blends timeless craftsmanship with thoughtful modern updates. The historic home showcases its original character throughout, including detailed woodwork and a rare Dutch door in one of the bedrooms. The renovated kitchen (2020) features custom-built oak cabinets, quartz countertops, and a new refrigerator (2024). A spacious office/den offers an entire wall of built-in bookshelves. Recent improvements include a radon mitigation system (2023) and an installed basement dehumidifier. Set on over half an acre, the property includes fruit-bearing trees and bushes, a patio with a pergola featuring a retractable cover, a 3-car garage, and a 16x12 shed tucked toward the back of the property. This home also includes a 1-year home warranty for added peace of mind. A rare combination of historic charm and modern comfort.

Neighborhood Data

Neighborhood data shown for ZIP Code: 44070, North Olmsted, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,298 (100%)
Owner Occupied HU	10,418 (72.9%)
Renter Occupied HU	3,234 (22.6%)
Vacant Housing Units	646 ( 4.5%)
Median Home Value	$219,250
Average Home Value	$237,989