28480 Aurora RdSolonOH44139
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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 Solon at 28480 Aurora Rd, Solon, OH, 44139 offers a 9.49% rental yield on a $190,000 purchase with $1,503/mo rent. Total monthly income registers $1,503/mo, and a $930/mo payment leaves $121/mo available for distribution. Annual cash flow reaches $1,457/yr on $62,985 to close, and return on cash invested stands at 22.22% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 116.71% and total cumulative return in cash at $73,512. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,503/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44139, Solon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,396 (100%) |
| Owner Occupied HU | 7,673 (81.7%) |
| Renter Occupied HU | 1,397 (14.9%) |
| Vacant Housing Units | 326 ( 3.5%) |
| Median Home Value | $390,964 |
| Average Home Value | $441,449 |
Housing Distribution
Address Breakdown
Residential
9,560
Single Family
8,373
Multi-Family
1,187
Businesses
1,324
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