3653 Cloverdale RdMedwayOH45341
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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 Medway at 3653 Cloverdale Rd, Medway, OH, 45341 priced at $193,000 converts $2,203/mo rent into $933/mo cash flow after a $945/mo obligation. Total monthly income equals $2,203/mo, and annual cash flow totals $11,197/yr on $63,980 invested. Return on cash invested prints 37.41% in year one, and rental yield reads 13.7% against a $193,000 entry. Equity gained on principal adds $1,245/yr, while 5% annual appreciation compiles into $53,322 by year five. Five-year ROI reaches 197.29% and total cumulative return in cash sums $126,222. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,203/mo property income covering a $945/mo payment, not borrower’s personal income.
Single Family
Built in 1957
0.57 Acres lot
$N/A/sqft
No HOA
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Listed by: Aaron Brown • Royer Realty LLC
Mls Name: WRIST
Mls Provider:
Mls ID: #1034013
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