34750 Willow Creek PlWilloughbyOH44094
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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 Willoughby at 34750 Willow Creek Pl, Willoughby, OH, 44094 generates $3,908/mo in rent and, after a $2,105/mo payment, leaves $991/mo in cash flow. Total monthly income is $3,908/mo, and annual cash flow is $11,893/yr on $142,545 invested. Return on cash invested sits at 28.25% in year one, and rental yield is 10.91% on a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 148.39% and total cumulative return in cash sums $211,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,908/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
0.29 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44094, Willoughby, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,698 (100%) |
| Owner Occupied HU | 11,544 (61.7%) |
| Renter Occupied HU | 6,230 (33.3%) |
| Vacant Housing Units | 924 ( 4.9%) |
| Median Home Value | $298,381 |
| Average Home Value | $345,961 |
Housing Distribution
Address Breakdown
Residential
17,916
Single Family
13,373
Multi-Family
4,543
Businesses
1,508
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Listed by: Diana Marvar • Howard Hanna
Mls Name: MLS Now
Mls ID: #5144747