45 Sterncrest DrMoreland HillsOH44022
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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 Moreland Hills at 45 Sterncrest Dr, Moreland Hills, OH, 44022 priced at $595,000 converts $5,818/mo rent into $1,820/mo cash flow after a $2,912/mo obligation. Total monthly income equals $5,818/mo, and annual cash flow totals $21,841/yr on $195,755 invested. Return on cash invested prints 31.22% in year one, and rental yield reads 11.73% against a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation compiles into $164,388 by year five. Five-year ROI reaches 164.17% and total cumulative return in cash sums $321,374. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,818/mo property income covering a $2,912/mo payment, not borrower’s personal income.
Single Family
Built in 1957
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44022, Chagrin Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,308 (100%) |
| Owner Occupied HU | 5,959 (81.5%) |
| Renter Occupied HU | 812 (11.1%) |
| Vacant Housing Units | 537 ( 7.3%) |
| Median Home Value | $451,171 |
| Average Home Value | $555,710 |
Housing Distribution
Address Breakdown
Residential
7,309
Single Family
6,785
Multi-Family
524
Businesses
658
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Listed by: Adam S Kaufman • Howard Hanna
Mls Name: MLS Now
Mls ID: #5122607