31602 N Marginal Rd #CEastlakeOH44095
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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 Eastlake at 31602 N Marginal Rd #C, Eastlake, OH, 44095 listed at $105,000 pairs $833/mo rent with a $514/mo payment. Total monthly income runs $833/mo. Return on cash invested measures 16.19% in year one, and rental yield registers 9.52% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Five-year ROI tracks 86.68% and total cumulative return in cash totals $30,170. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $833/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1978
8.55 Acres lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44095, Eastlake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,632 (100%) |
| Owner Occupied HU | 11,292 (72.2%) |
| Renter Occupied HU | 3,726 (23.8%) |
| Vacant Housing Units | 614 ( 3.9%) |
| Median Home Value | $171,041 |
| Average Home Value | $221,257 |
Housing Distribution
Address Breakdown
Residential
15,080
Single Family
13,615
Multi-Family
1,465
Businesses
836
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Listed by: Leanne Saffer • Keller Williams Citywide
Mls Name: MLS Now
Mls Provider:
Mls ID: #5139541
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