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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Grafton at 39115 Parsons Rd, Grafton, OH, 44044 offers a 11.2% rental yield on a $180,000 purchase with $1,680/mo rent. Total monthly income registers $1,680/mo, and a $881/mo payment leaves $496/mo available for distribution. Annual cash flow reaches $5,952/yr on $59,670 to close, and return on cash invested stands at 29.88% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 156.85% and total cumulative return in cash at $93,593. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,680/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44044, Grafton, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,952 (100%) |
| Owner Occupied HU | 4,208 (85.0%) |
| Renter Occupied HU | 555 (11.2%) |
| Vacant Housing Units | 189 ( 3.8%) |
| Median Home Value | $299,470 |
| Average Home Value | $316,501 |
Residential
5,002
Single Family
4,995
Multi-Family
7
Businesses
255
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $180,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-21 | $2069.71 | 0.77% | $41,850 | N/A |
| 2022-04-21 | $2053.94 | 0.02% | $41,850 | N/A |
| 2021-04-21 | $2053.56 | 12.94% | $41,850 | 26.90% |
Listed by: Bobbie J Burey • Howard Hanna
Mls Name: MLS Now
Mls ID: #5115714
