3119 Meier PlCuyahoga FallsOH44221
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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 Cuyahoga Falls at 3119 Meier Pl, Cuyahoga Falls, OH, 44221 listed at $229,500 pairs $2,094/mo rent with a $1,123/mo payment to leave $585/mo cash flow. Total monthly income runs $2,094/mo, and annual cash flow reaches $7,016/yr on $76,079 cash to close. Return on cash invested measures 29.13% in year one, and rental yield registers 10.95% at a $229,500 basis. Equity gained on principal adds $1,481/yr, and annual property appreciation at 5% supports $63,407 by year five. Five-year ROI tracks 152.82% and total cumulative return in cash totals $116,262. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,094/mo property income relative to a $1,123/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44221, Cuyahoga Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,653 (100%) |
| Owner Occupied HU | 8,080 (55.1%) |
| Renter Occupied HU | 5,925 (40.4%) |
| Vacant Housing Units | 648 ( 4.4%) |
| Median Home Value | $165,896 |
| Average Home Value | $191,382 |
Housing Distribution
Address Breakdown
Residential
14,460
Single Family
12,323
Multi-Family
2,137
Businesses
766
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Listed by: DJ Whaley • RE/MAX Oasis Dream Homes
Mls Name: MLS Now
Mls ID: #5163888