3691 Summerfield Ln #YIMHFARichfieldOH44286
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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
Investment property for sale in Richfield at 3691 Summerfield Ln #YIMHFA, Richfield, OH, 44286 with 5% annual appreciation on a $681,500 basis while $5,164/mo rent supports operations. Total monthly income totals $5,164/mo and a $3,336/mo payment preserves $681/mo for cash returns. Annual cash flow comes to $8,170/yr on $224,214 deployed, and return on cash invested reaches 23.7% in year one. Equity gained on principal adds $4,398/yr, and five-year appreciation sums $188,286 alongside rental yield of 9.09%. Five-year ROI measures 123.67% and total cumulative return in cash totals $277,287.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,164/mo property income versus a $3,336/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44286, Richfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,550 (100%) |
| Owner Occupied HU | 2,264 (88.8%) |
| Renter Occupied HU | 192 ( 7.5%) |
| Vacant Housing Units | 94 ( 3.7%) |
| Median Home Value | $488,665 |
| Average Home Value | $548,449 |
Housing Distribution
Address Breakdown
Residential
2,609
Single Family
2,561
Multi-Family
48
Businesses
354
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