339 North StChagrin FallsOH44022
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Nearby investment properties with comparable prices
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 Chagrin Falls at 339 North St, Chagrin Falls, OH, 44022 priced at $259,000 pairs $1,798/mo rent with $94/mo cash flow after a $1,268/mo payment. Total monthly income equals $1,798/mo, and annual cash flow comes to $1,128/yr on $85,859 invested. Return on cash invested is 21.22% in year one, and rental yield stands at 8.33% on a $259,000 basis. Equity gained on principal adds $1,671/yr, and 5% annual appreciation accumulates to $71,557 by year five. Five-year ROI measures 110.45% and total cumulative return in cash reaches $94,828. For financing, Ziffy Mortgage’s DSCR program evaluates $1,798/mo property income against a $1,268/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44022, Chagrin Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,308 (100%) |
| Owner Occupied HU | 5,959 (81.5%) |
| Renter Occupied HU | 812 (11.1%) |
| Vacant Housing Units | 537 ( 7.3%) |
| Median Home Value | $451,171 |
| Average Home Value | $555,710 |
Housing Distribution
Address Breakdown
Residential
7,309
Single Family
6,785
Multi-Family
524
Businesses
658
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Listed by: Diane Russo Armington • Berkshire Hathaway HomeServices Professional Realty
Mls Name: MLS Now
Mls ID: #5180743