285 Ivy Hill Ln #B-18MedinaOH44256
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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 Medina at 285 Ivy Hill Ln #B-18, Medina, OH, 44256 listed at $129,900 pairs $1,018/mo rent with a $636/mo payment to leave $163/mo cash flow. Total monthly income runs $1,018/mo, and annual cash flow reaches $1,960/yr on $43,062 cash to close. Return on cash invested measures 24.46% in year one, and rental yield registers 9.4% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 127.87% and total cumulative return in cash totals $55,063. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,018/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44256, Medina, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,490 (100%) |
| Owner Occupied HU | 21,011 (76.4%) |
| Renter Occupied HU | 5,268 (19.2%) |
| Vacant Housing Units | 1,211 ( 4.4%) |
| Median Home Value | $336,289 |
| Average Home Value | $370,303 |
Housing Distribution
Address Breakdown
Residential
27,371
Single Family
25,459
Multi-Family
1,912
Businesses
1,848
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