3561 Winchell RdShaker HeightsOH44122
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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 Shaker Heights at 3561 Winchell Rd, Shaker Heights, OH, 44122 priced at $325,000 pairs $2,175/mo rent with after a $1,591/mo payment. Total monthly income equals $2,175/mo. Return on cash invested is 17.11% in year one, and rental yield stands at 8.03% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 89.56% and total cumulative return in cash reaches $96,493. For financing, Ziffy Mortgage’s DSCR program evaluates $2,175/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1938
5,601 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44122, Beachwood, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,957 (100%) |
| Owner Occupied HU | 9,374 (55.3%) |
| Renter Occupied HU | 6,116 (36.1%) |
| Vacant Housing Units | 1,467 ( 8.7%) |
| Median Home Value | $330,080 |
| Average Home Value | $368,661 |
Housing Distribution
Address Breakdown
Residential
16,592
Single Family
10,817
Multi-Family
5,775
Businesses
2,163
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Listed by: Noelle Pangle • Howard Hanna
Mls Name: MLS Now
Mls ID: #5112873