304 Fox WayChagrin FallsOH44022
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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 Chagrin Falls at 304 Fox Way, Chagrin Falls, OH, 44022 listed at $876,000 pairs $7,978/mo rent with a $4,288/mo payment to leave $2,215/mo cash flow. Total monthly income runs $7,978/mo, and annual cash flow reaches $26,585/yr on $288,204 cash to close. Return on cash invested measures 29.28% in year one, and rental yield registers 10.93% at a $876,000 basis. Equity gained on principal adds $5,653/yr, and annual property appreciation at 5% supports $242,023 by year five. Five-year ROI tracks 153.6% and total cumulative return in cash totals $442,681. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,978/mo property income relative to a $4,288/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44022, Chagrin Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,308 (100%) |
| Owner Occupied HU | 5,959 (81.5%) |
| Renter Occupied HU | 812 (11.1%) |
| Vacant Housing Units | 537 ( 7.3%) |
| Median Home Value | $451,171 |
| Average Home Value | $555,710 |
Housing Distribution
Address Breakdown
Residential
7,309
Single Family
6,785
Multi-Family
524
Businesses
658
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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #5128107