32985 Charmwood OvalSolonOH44139
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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 Solon at 32985 Charmwood Oval, Solon, OH, 44139 earns $337/mo cash flow from $2,830/mo rent with a $1,855/mo payment. Total monthly income totals $2,830/mo, and annual cash flow totals $4,044/yr on $125,639 capital. ROI tracks 23.13% on current figures, and rental yield reads 8.96% at a $379,000 purchase. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,711 over five years. Five-year ROI reaches 120.65% and total cumulative return in cash sums $151,583. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,830/mo property income instead of your personal income.
Single Family
Built in 1969
0.28 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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