31404 Bur Oak DrWestlakeOH44145
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Westlake at 31404 Bur Oak Dr, Westlake, OH, 44145 earns from $4,087/mo rent with a $6,067/mo payment. Total monthly income totals $4,087/mo. ROI tracks 8.09% on current figures, and rental yield reads 3.96% at a $1,239,590 purchase. Equity gained on principal adds $7,999/yr, and 5% annual appreciation supports $342,476 over five years. Five-year ROI reaches 39.96% and total cumulative return in cash sums $160,473. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,087/mo property income instead of your personal income.
Single Family
Built in 2024
0.46 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44145, Westlake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,446 (100%) |
| Owner Occupied HU | 10,279 (66.5%) |
| Renter Occupied HU | 4,245 (27.5%) |
| Vacant Housing Units | 922 ( 6.0%) |
| Median Home Value | $359,821 |
| Average Home Value | $428,848 |
Housing Distribution
Address Breakdown
Residential
15,581
Single Family
11,117
Multi-Family
4,464
Businesses
1,922
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices