4481 Springvale 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
Rental property for sale in Warrensville Heights at 4481 Springvale Dr, Warrensville Heights, OH, 44128 priced at $183,500 pairs $1,680/mo rent with $473/mo cash flow after a $898/mo payment. Total monthly income equals $1,680/mo, and annual cash flow comes to $5,677/yr on $60,830 invested. Return on cash invested is 29.24% in year one, and rental yield stands at 10.99% on a $183,500 basis. Equity gained on principal adds $1,184/yr, and 5% annual appreciation accumulates to $50,698 by year five. Five-year ROI measures 153.5% and total cumulative return in cash reaches $93,372. For financing, Ziffy Mortgage’s DSCR program evaluates $1,680/mo property income against a $898/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
8,668 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: Sharon E Hughes • Howard Hanna
Mls Name: MLS Now
Mls ID: #5114500