3918 Reeves LnMedinaOH44256
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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 Medina at 3918 Reeves Ln, Medina, OH, 44256 uses $92,787 cash to close to unlock $8,062/yr annual cash flow and $672/mo monthly cash flow. Total monthly income runs $2,513/mo, and a $1,370/mo payment keeps the spread at $672/mo. Purchase price stands at $279,900, and rental yield measures 10.77% with $2,513/mo rent. Return on cash invested shows 28.6% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 149.95% and total cumulative return in cash records $139,129. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,513/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1996
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44256, Medina, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,490 (100%) |
| Owner Occupied HU | 21,011 (76.4%) |
| Renter Occupied HU | 5,268 (19.2%) |
| Vacant Housing Units | 1,211 ( 4.4%) |
| Median Home Value | $336,289 |
| Average Home Value | $370,303 |
Housing Distribution
Address Breakdown
Residential
27,371
Single Family
25,459
Multi-Family
1,912
Businesses
1,848
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