32055 Tracy LnSolonOH44139
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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
Rental property for sale in Solon at 32055 Tracy Ln, Solon, OH, 44139 generates $3,000/mo in rent and, after a $1,806/mo payment, leaves $573/mo in cash flow. Total monthly income is $3,000/mo, and annual cash flow is $6,874/yr on $122,324 invested. Return on cash invested sits at 25.53% in year one, and rental yield is 9.76% on a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 133.49% and total cumulative return in cash sums $163,287. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44139, Solon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,396 (100%) |
| Owner Occupied HU | 7,673 (81.7%) |
| Renter Occupied HU | 1,397 (14.9%) |
| Vacant Housing Units | 326 ( 3.5%) |
| Median Home Value | $390,964 |
| Average Home Value | $441,449 |
Housing Distribution
Address Breakdown
Residential
9,560
Single Family
8,373
Multi-Family
1,187
Businesses
1,324
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