31503 Pier E, Avon Lake, OH, 44012 | 7.35% Rental Yield

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Avon Lake at 31503 Pier E, Avon Lake, OH, 44012 earns from $3,959/mo rent with a $3,162/mo payment. Total monthly income totals $3,959/mo. ROI tracks 16.87% on current figures, and rental yield reads 7.35% at a $646,050 purchase. Equity gained on principal adds $4,169/yr, and 5% annual appreciation supports $178,492 over five years. Five-year ROI reaches 87.58% and total cumulative return in cash sums $186,154. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,959/mo property income instead of your personal income.

Single Family

Built in 2024

7,405 sqft lot

$N/A/sqft

$275 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 44012, Avon Lake, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,204 (100%)
Owner Occupied HU	8,709 (77.7%)
Renter Occupied HU	2,105 (18.8%)
Vacant Housing Units	390 ( 3.5%)
Median Home Value	$378,148
Average Home Value	$414,933