2706 Forest Lake DrWestlakeOH44145
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Westlake at 2706 Forest Lake Dr, Westlake, OH, 44145 at $1,134,750 posts ROI 19.89% with from $7,530/mo rent. Total monthly income equals $7,530/mo. Return on cash invested measures 19.89% and rental yield reads 7.96% at the current $1,134,750. Equity gained on principal adds $7,322/yr, and 5% annual appreciation supports $313,511 by year five. Five-year ROI prints 103.43% and total cumulative return in cash totals $380,266. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,530/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44145, Westlake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,446 (100%) |
| Owner Occupied HU | 10,279 (66.5%) |
| Renter Occupied HU | 4,245 (27.5%) |
| Vacant Housing Units | 922 ( 6.0%) |
| Median Home Value | $359,821 |
| Average Home Value | $428,848 |
Housing Distribution
Address Breakdown
Residential
15,581
Single Family
11,117
Multi-Family
4,464
Businesses
1,922
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices