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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 30910 Iris Ct, North Olmsted, OH, 44070 listed at $299,900 pairs $2,400/mo rent with a $1,468/mo payment to leave $292/mo cash flow. Total monthly income runs $2,400/mo, and annual cash flow reaches $3,506/yr on $99,417 cash to close. Return on cash invested measures 23.44% in year one, and rental yield registers 9.6% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 122.89% and total cumulative return in cash totals $122,176. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
9.15 Acres lot
$N/A/sqft
$135 monthly 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 |
|---|---|---|
| 2024-10-11 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tricia J Hanna • Russell Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5077039
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