3196 8th StCuyahoga 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 3196 8th St, Cuyahoga Falls, OH, 44221 uses $53,040 cash to close to unlock $2,494/yr annual cash flow and $208/mo monthly cash flow. Total monthly income runs $1,420/mo, and a $783/mo payment keeps the spread at $208/mo. Purchase price stands at $160,000, and rental yield measures 10.65% with $1,420/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 129.87% and total cumulative return in cash records $68,882. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,420/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1956
7,975 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: Jim West • Howard Hanna
Mls Name: MLS Now
Mls ID: #5097880