3849 Grant StRichfieldOH44286
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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 Richfield at 3849 Grant St, Richfield, OH, 44286 generates $1,882/mo in rent and, after a $758/mo payment, leaves $863/mo in cash flow. Total monthly income is $1,882/mo, and annual cash flow is $10,359/yr on $51,349 invested. Return on cash invested sits at 40.08% in year one, and rental yield is 14.58% on a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 211.63% and total cumulative return in cash sums $108,668. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,882/mo property income rather than buyer’s personal income.
Single Family
Built in 1820
0.26 Acres 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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