4514 Merrygold BlvdWarrensville 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 4514 Merrygold Blvd, Warrensville Heights, OH, 44128 priced at $156,600 pairs $1,884/mo rent with $791/mo cash flow after a $766/mo payment. Total monthly income equals $1,884/mo, and annual cash flow comes to $9,493/yr on $51,913 invested. Return on cash invested is 38.2% in year one, and rental yield stands at 14.44% on a $156,600 basis. Equity gained on principal adds $1,011/yr, and 5% annual appreciation accumulates to $43,266 by year five. Five-year ROI measures 202.03% and total cumulative return in cash reaches $104,882. For financing, Ziffy Mortgage’s DSCR program evaluates $1,884/mo property income against a $766/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
8,820 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: Philbert Shy • Howard Hanna
Mls Name: MLS Now
Mls ID: #5119094