34112 Chagrin Blvd APT 7106Moreland HillsOH44022
Nearby investment properties with comparable rents
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
Investment property for sale in Moreland Hills at 34112 Chagrin Blvd APT 7106, Moreland Hills, OH, 44022 uses $82,875 cash to close to unlock $13,491/yr annual cash flow and $1,124/mo monthly cash flow. Total monthly income runs $3,368/mo, and a $1,224/mo payment keeps the spread at $1,124/mo. Purchase price stands at $250,000, and rental yield measures 16.17% with $3,368/mo rent. Return on cash invested shows 36.19% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 193.84% and total cumulative return in cash records $160,642. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,368/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 1972
8.80 Acres lot
$N/A/sqft
$532 monthly 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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Nearby investment properties with comparable prices
Listed by: Shoshana Socher • Keller Williams Greater Metropolitan
Mls Name: MLS Now
Mls Provider:
Mls ID: #5118035
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