3 Salem CtBeachwoodOH44122
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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 Beachwood at 3 Salem Ct, Beachwood, OH, 44122 at $769,000 posts ROI 5.62% with from $2,856/mo rent. Total monthly income equals $2,856/mo. Return on cash invested measures 5.62% and rental yield reads 4.46% at the current $769,000. Equity gained on principal adds $4,962/yr, and 5% annual appreciation supports $212,461 by year five. Five-year ROI prints 28.14% and total cumulative return in cash totals $71,203. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,856/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
3,079 sqft lot
$N/A/sqft
$842 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44122, Beachwood, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,957 (100%) |
| Owner Occupied HU | 9,374 (55.3%) |
| Renter Occupied HU | 6,116 (36.1%) |
| Vacant Housing Units | 1,467 ( 8.7%) |
| Median Home Value | $330,080 |
| Average Home Value | $368,661 |
Housing Distribution
Address Breakdown
Residential
16,592
Single Family
10,817
Multi-Family
5,775
Businesses
2,163
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