2890 Canterbury RdWestlakeOH44145
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2890 Canterbury Rd, Westlake, OH, 44145 in Westlake speaks for itself: 12.89% gross on a $447,000 price, generating $4,802/mo in rent and $1,862/mo in net income after the $2,010/mo debt service. DSCR 2.39, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $22,345 stacks alongside $123,498 in projected five-year appreciation and $4,117/yr in principal reduction. Projected total cumulative return: $290,063.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.9% | 6.2% |
| Monthly Cash Flow | $1,862 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,802 |
| Total Monthly Debt Service | $2,762 |
| DSCR Ratio | 1.74x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
0.39 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
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
Single Family
Built in 1988
0.39 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