398 Hickory Hill RdChagrin FallsOH44022
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Chagrin Falls at 398 Hickory Hill Rd, Chagrin Falls, OH, 44022 priced at $564,000 pairs $4,043/mo rent with $328/mo cash flow after a $2,761/mo payment. Total monthly income equals $4,043/mo, and annual cash flow comes to $3,941/yr on $185,556 invested. Return on cash invested is 22.18% in year one, and rental yield stands at 8.6% on a $564,000 basis. Equity gained on principal adds $3,639/yr, and 5% annual appreciation accumulates to $155,823 by year five. Five-year ROI measures 115.55% and total cumulative return in cash reaches $214,405. For financing, Ziffy Mortgage’s DSCR program evaluates $4,043/mo property income against a $2,761/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44022, Chagrin Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,308 (100%) |
| Owner Occupied HU | 5,959 (81.5%) |
| Renter Occupied HU | 812 (11.1%) |
| Vacant Housing Units | 537 ( 7.3%) |
| Median Home Value | $451,171 |
| Average Home Value | $555,710 |
Housing Distribution
Address Breakdown
Residential
7,309
Single Family
6,785
Multi-Family
524
Businesses
658
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Palmieri • Berkshire Hathaway HomeServices Professional Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5120670
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.