4 Meadowlawn DrMentorOH44060
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow4 Meadowlawn Dr, Mentor, OH, 44060 in Mentor carries a 1.92 coverage ratio, rent of $1,199/mo is 1.92 times the $625/mo payment. Rental yield 10.35%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $139,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $38,403; total projected cumulative return: $50,312.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.2% |
| Monthly Cash Flow | $(65) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,199 |
| Total Monthly Debt Service | $1,209 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1963
0.34 Acres lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44060, Mentor, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,459 (100%) |
| Owner Occupied HU | 22,116 (80.5%) |
| Renter Occupied HU | 4,392 (16.0%) |
| Vacant Housing Units | 951 ( 3.5%) |
| Median Home Value | $260,396 |
| Average Home Value | $289,288 |
Housing Distribution
Address Breakdown
Residential
26,825
Single Family
25,277
Multi-Family
1,548
Businesses
2,273
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
Condo
Built in 1963
0.34 Acres lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44060, Mentor, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,459 (100%) |
| Owner Occupied HU | 22,116 (80.5%) |
| Renter Occupied HU | 4,392 (16.0%) |
| Vacant Housing Units | 951 ( 3.5%) |
| Median Home Value | $260,396 |
| Average Home Value | $289,288 |
Housing Distribution
Address Breakdown
Residential
26,825
Single Family
25,277
Multi-Family
1,548
Businesses
2,273
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason L Marzec • HomeSmart Real Estate Momentum LLC
Mls Name: MLS Now
Mls Provider:
Mls ID: #5095343
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.