357 Belmar BlvdAvon LakeOH44012
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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
Investment property for sale in Avon Lake at 357 Belmar Blvd, Avon Lake, OH, 44012 with 5% annual appreciation on a $554,000 basis while $4,199/mo rent supports operations. Total monthly income totals $4,199/mo and a $2,712/mo payment preserves $475/mo for cash returns. Annual cash flow comes to $5,704/yr on $182,266 deployed, and return on cash invested reaches 23.19% in year one. Equity gained on principal adds $3,575/yr, and five-year appreciation sums $153,060 alongside rental yield of 9.1%. Five-year ROI measures 121.12% and total cumulative return in cash totals $220,758.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,199/mo property income versus a $2,712/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
0.31 Acres lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44012, Avon Lake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,204 (100%) |
| Owner Occupied HU | 8,709 (77.7%) |
| Renter Occupied HU | 2,105 (18.8%) |
| Vacant Housing Units | 390 ( 3.5%) |
| Median Home Value | $378,148 |
| Average Home Value | $414,933 |
Housing Distribution
Address Breakdown
Residential
10,872
Single Family
9,810
Multi-Family
1,062
Businesses
506
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