44 Periwinkle DrOlmsted FallsOH44138
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 Olmsted Falls at 44 Periwinkle Dr, Olmsted Falls, OH, 44138 offers $2,116/mo rent that, after a $571/mo payment, leaves $1,348/mo cash flow. Total monthly income is $2,116/mo, and annual cash flow is $16,182/yr on $38,703 cash. Return on cash invested measures 61.72% in year one, and rental yield stands at 21.75% at a $116,750 entry. Equity gained on principal adds $753/yr while 5% annual appreciation compounds into $32,256 by year five. Five-year ROI records 327.62% and total cumulative return in cash reaches $126,799. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,116/mo property income versus a $571/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
43.56 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44138, Olmsted Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,137 (100%) |
| Owner Occupied HU | 7,629 (75.3%) |
| Renter Occupied HU | 2,036 (20.1%) |
| Vacant Housing Units | 472 ( 4.7%) |
| Median Home Value | $274,659 |
| Average Home Value | $287,334 |
Housing Distribution
Address Breakdown
Residential
10,176
Single Family
8,739
Multi-Family
1,437
Businesses
305
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise D Monaghan • Century 21 Homestar
Mls Name: MLS Now
Mls Provider:
Mls ID: #5123011
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.