401 E 288th StWillowickOH44095
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
Investment property for sale in Willowick at 401 E 288th St, Willowick, OH, 44095 listed at $142,900 pairs $1,831/mo rent with a $699/mo payment to leave $735/mo cash flow. Total monthly income runs $1,831/mo, and annual cash flow reaches $8,817/yr on $47,371 cash to close. Return on cash invested measures 38.52% in year one, and rental yield registers 15.38% at a $142,900 basis. Equity gained on principal adds $922/yr, and annual property appreciation at 5% supports $39,481 by year five. Five-year ROI tracks 204.6% and total cumulative return in cash totals $96,921. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,831/mo property income relative to a $699/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
6,242 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44095, Eastlake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,632 (100%) |
| Owner Occupied HU | 11,292 (72.2%) |
| Renter Occupied HU | 3,726 (23.8%) |
| Vacant Housing Units | 614 ( 3.9%) |
| Median Home Value | $171,041 |
| Average Home Value | $221,257 |
Housing Distribution
Address Breakdown
Residential
15,080
Single Family
13,615
Multi-Family
1,465
Businesses
836
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Nearby investment properties with comparable prices
Listed by: Tracy Jones • Keller Williams Elevate
Mls Name: MLS Now
Mls Provider:
Mls ID: #5132895
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