31109 Wolf RdBay VillageOH44140
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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
Total monthly income runs $2,880/mo, and a $3,372/mo payment. Purchase price stands at $689,000, and rental yield measures 5.02% with $2,880/mo rent. Return on cash invested shows 11.32% in year one, and 5% annual appreciation builds toward $190,358 over five years. Five-year ROI reaches 57.25% and total cumulative return in cash records $129,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $3,372/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44140, Bay Village, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,299 (100%) |
| Owner Occupied HU | 5,573 (88.5%) |
| Renter Occupied HU | 463 ( 7.4%) |
| Vacant Housing Units | 263 ( 4.2%) |
| Median Home Value | $346,297 |
| Average Home Value | $400,904 |
Housing Distribution
Address Breakdown
Residential
6,350
Single Family
6,175
Multi-Family
175
Businesses
292
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Listed by: Jill Hensel • Howard Hanna
Mls Name: MLS Now
Mls ID: #5154489