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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in North Olmsted at 30621 Iris Ct, North Olmsted, OH, 44070 offers a 7.65% rental yield on a $275,000 purchase with $1,752/mo rent. 16% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 99.37% and total cumulative return in cash at $90,587. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,752/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44070, North Olmsted, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,298 (100%) |
| Owner Occupied HU | 10,418 (72.9%) |
| Renter Occupied HU | 3,234 (22.6%) |
| Vacant Housing Units | 646 ( 4.5%) |
| Median Home Value | $219,250 |
| Average Home Value | $237,989 |
Residential
14,046
Single Family
10,924
Multi-Family
3,122
Businesses
964
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Gary L Post • RE/MAX Crossroads Properties
Mls Name: MLS Now
Mls ID: #5172727
