4373 Parkton DrWarrensville HeightsOH44128
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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 Warrensville Heights at 4373 Parkton Dr, Warrensville Heights, OH, 44128 with 5% annual appreciation on a $113,526 basis while $1,140/mo rent supports operations. Total monthly income totals $1,140/mo and a $556/mo payment preserves $387/mo for cash returns. Annual cash flow comes to $4,639/yr on $37,634 deployed, and return on cash invested reaches 32.23% in year one. Equity gained on principal adds $733/yr, and five-year appreciation sums $31,365 alongside rental yield of 12.05%. Five-year ROI measures 169.58% and total cumulative return in cash totals $63,819.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,140/mo property income versus a $556/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1944
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44128, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,778 (100%) |
| Owner Occupied HU | 6,205 (45.0%) |
| Renter Occupied HU | 6,130 (44.5%) |
| Vacant Housing Units | 1,443 (10.5%) |
| Median Home Value | $94,379 |
| Average Home Value | $145,873 |
Housing Distribution
Address Breakdown
Residential
12,826
Single Family
10,072
Multi-Family
2,754
Businesses
1,193
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Listed by: Violetta Varenkova • IIP Management, LLC.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5061578
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