305 Morgan TerRoaming ShoresOH44084
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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 Roaming Shores at 305 Morgan Ter, Roaming Shores, OH, 44084 with 5% annual appreciation on a $365,000 basis while $834/mo rent supports operations. 37% in year one. Equity gained on principal adds $2,355/yr, and five-year appreciation sums $100,843 alongside rental yield of 2.74%. Five-year ROI measures 20.05% and total cumulative return in cash totals $24,259. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $834/mo property income versus a $1,786/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44084, Rock Creek, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,848 (100%) |
| Owner Occupied HU | 1,280 (69.3%) |
| Renter Occupied HU | 259 (14.0%) |
| Vacant Housing Units | 309 (16.7%) |
| Median Home Value | $258,571 |
| Average Home Value | $303,994 |
Housing Distribution
Address Breakdown
Residential
1,623
Single Family
1,583
Multi-Family
40
Businesses
57
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Listed by: Gassan Mogabgab • The Agency Cleveland Northcoast
Mls Name: MLS Now
Mls ID: #5093413