4560 Sherwin RdKirtlandOH44094
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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 Kirtland at 4560 Sherwin Rd, Kirtland, OH, 44094 offers $2,580/mo rent that, after a $6,094/mo payment. Total monthly income is $2,580/mo. Return on cash invested measures 3.68% in year one, and rental yield stands at 2.49% at a $1,245,000 entry. Equity gained on principal adds $8,034/yr while 5% annual appreciation compounds into $343,971 by year five. Five-year ROI records 16.25% and total cumulative return in cash reaches $65,560. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,580/mo property income versus a $6,094/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44094, Willoughby, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,698 (100%) |
| Owner Occupied HU | 11,544 (61.7%) |
| Renter Occupied HU | 6,230 (33.3%) |
| Vacant Housing Units | 924 ( 4.9%) |
| Median Home Value | $298,381 |
| Average Home Value | $345,961 |
Housing Distribution
Address Breakdown
Residential
17,916
Single Family
13,373
Multi-Family
4,543
Businesses
1,508
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