2993 Prange DrCuyahoga FallsOH44223
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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 Cuyahoga Falls at 2993 Prange Dr, Cuyahoga Falls, OH, 44223 earns $307/mo cash flow from $1,787/mo rent with a $1,101/mo payment. Total monthly income totals $1,787/mo, and annual cash flow totals $3,687/yr on $74,588 capital. ROI tracks 24.85% on current figures, and rental yield reads 9.53% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 129.91% and total cumulative return in cash sums $96,897. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,787/mo property income instead of your personal income.
Single Family
Built in 1955
5,819 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44223, Cuyahoga Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,805 (100%) |
| Owner Occupied HU | 6,400 (65.3%) |
| Renter Occupied HU | 2,924 (29.8%) |
| Vacant Housing Units | 481 ( 4.9%) |
| Median Home Value | $251,874 |
| Average Home Value | $293,032 |
Housing Distribution
Address Breakdown
Residential
8,385
Single Family
7,842
Multi-Family
543
Businesses
622
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Listed by: Ryan Sackman • Keller Williams Greater Cleveland Northeast
Mls Name: MLS Now
Mls ID: #5182431