4042 Northfield RdHighland HillsOH44122
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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 Highland Hills at 4042 Northfield Rd, Highland Hills, OH, 44122 listed at $124,900 pairs $948/mo rent with a $611/mo payment to leave $127/mo cash flow. Total monthly income runs $948/mo, and annual cash flow reaches $1,521/yr on $41,404 cash to close. Return on cash invested measures 23.58% in year one, and rental yield registers 9.11% at a $124,900 basis. Equity gained on principal adds $806/yr, and annual property appreciation at 5% supports $34,508 by year five. Five-year ROI tracks 123.08% and total cumulative return in cash totals $50,962. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $948/mo property income relative to a $611/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1948
1,803 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44122, Beachwood, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,957 (100%) |
| Owner Occupied HU | 9,374 (55.3%) |
| Renter Occupied HU | 6,116 (36.1%) |
| Vacant Housing Units | 1,467 ( 8.7%) |
| Median Home Value | $330,080 |
| Average Home Value | $368,661 |
Housing Distribution
Address Breakdown
Residential
16,592
Single Family
10,817
Multi-Family
5,775
Businesses
2,163
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Listed by: Patrick R Riley • Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
Mls Name: MLS Now
Mls ID: #5177908