2839 Gates CtBroadview HeightsOH44147
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 Broadview Heights at 2839 Gates Ct, Broadview Heights, OH, 44147 listed at $539,900 pairs $4,200/mo rent with a $2,643/mo payment to leave $648/mo cash flow. Total monthly income runs $4,200/mo, and annual cash flow reaches $7,778/yr on $177,627 cash to close. Return on cash invested measures 24.44% in year one, and rental yield registers 9.34% at a $539,900 basis. Equity gained on principal adds $3,484/yr, and annual property appreciation at 5% supports $149,164 by year five. Five-year ROI tracks 127.64% and total cumulative return in cash totals $226,723. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,200/mo property income relative to a $2,643/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44147, Broadview Heights, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,389 (100%) |
| Owner Occupied HU | 6,403 (76.3%) |
| Renter Occupied HU | 1,682 (20.1%) |
| Vacant Housing Units | 304 ( 3.6%) |
| Median Home Value | $335,986 |
| Average Home Value | $357,257 |
Housing Distribution
Address Breakdown
Residential
8,531
Single Family
6,979
Multi-Family
1,552
Businesses
660
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael W Thies • Keller Williams Citywide
Mls Name: MLS Now
Mls ID: #5150028