360 Huntmere DrBay VillageOH44140
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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
Rental property for sale in Bay Village at 360 Huntmere Dr, Bay Village, OH, 44140 priced at $374,900 pairs $3,180/mo rent with $714/mo cash flow after a $1,835/mo payment. Total monthly income equals $3,180/mo, and annual cash flow comes to $8,567/yr on $124,279 invested. Return on cash invested is 26.8% in year one, and rental yield stands at 10.18% on a $374,900 basis. Equity gained on principal adds $2,419/yr, and 5% annual appreciation accumulates to $103,578 by year five. Five-year ROI measures 140.3% and total cumulative return in cash reaches $174,367. For financing, Ziffy Mortgage’s DSCR program evaluates $3,180/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
9,186 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44140, Bay Village, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,299 (100%) |
| Owner Occupied HU | 5,573 (88.5%) |
| Renter Occupied HU | 463 ( 7.4%) |
| Vacant Housing Units | 263 ( 4.2%) |
| Median Home Value | $346,297 |
| Average Home Value | $400,904 |
Housing Distribution
Address Breakdown
Residential
6,350
Single Family
6,175
Multi-Family
175
Businesses
292
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Listed by: Katie Manos • Howard Hanna
Mls Name: MLS Now
Mls ID: #5168054