39250 Lochmoor DrSolonOH44139
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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 Solon at 39250 Lochmoor Dr, Solon, OH, 44139 offers a 9.99% rental yield on a $723,000 purchase with $6,016/mo rent. Total monthly income registers $6,016/mo, and a $3,539/mo payment leaves $1,219/mo available for distribution. Annual cash flow reaches $14,627/yr on $237,867 to close, and return on cash invested stands at 26.21% in year one. Equity gained on principal adds $4,665/yr while 5% annual appreciation supports $199,752 over five years. Portfolio math shows five-year ROI at 137.17% and total cumulative return in cash at $326,293. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,016/mo property income against a $3,539/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
1 Acres lot
$N/A/sqft
$275 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44139, Solon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,396 (100%) |
| Owner Occupied HU | 7,673 (81.7%) |
| Renter Occupied HU | 1,397 (14.9%) |
| Vacant Housing Units | 326 ( 3.5%) |
| Median Home Value | $390,964 |
| Average Home Value | $441,449 |
Housing Distribution
Address Breakdown
Residential
9,560
Single Family
8,373
Multi-Family
1,187
Businesses
1,324
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