34187 Brookside LnNorth RidgevilleOH44039
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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 North Ridgeville at 34187 Brookside Ln, North Ridgeville, OH, 44039 offers a 5.99% rental yield on a $720,925 purchase with $3,600/mo rent. 28% in year one. Equity gained on principal adds $4,652/yr while 5% annual appreciation supports $199,178 over five years. Portfolio math shows five-year ROI at 73.14% and total cumulative return in cash at $173,469. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,600/mo property income against a $3,529/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44039, North Ridgeville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,553 (100%) |
| Owner Occupied HU | 13,447 (86.5%) |
| Renter Occupied HU | 1,576 (10.1%) |
| Vacant Housing Units | 530 ( 3.4%) |
| Median Home Value | $261,243 |
| Average Home Value | $286,939 |
Housing Distribution
Address Breakdown
Residential
15,610
Single Family
15,152
Multi-Family
458
Businesses
604
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Listed by: Jennifer M Herron-Underwood • Howard Hanna
Mls Name: MLS Now
Mls ID: #5178322