4627 Martin DrNorth OlmstedOH44070
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
Investment property for sale in North Olmsted at 4627 Martin Dr, North Olmsted, OH, 44070 at $225,000 posts ROI 33.76% with $861/mo cash flow from $2,443/mo rent. Total monthly income equals $2,443/mo, and annual cash flow records $10,331/yr on $74,588 to close. Return on cash invested measures 33.76% and rental yield reads 13.03% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 178.22% and total cumulative return in cash totals $132,933.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,443/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44070, North Olmsted, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,298 (100%) |
| Owner Occupied HU | 10,418 (72.9%) |
| Renter Occupied HU | 3,234 (22.6%) |
| Vacant Housing Units | 646 ( 4.5%) |
| Median Home Value | $219,250 |
| Average Home Value | $237,989 |
Housing Distribution
Address Breakdown
Residential
14,046
Single Family
10,924
Multi-Family
3,122
Businesses
964
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Listed by: John P Craighead • Howard Hanna
Mls Name: MLS Now
Mls ID: #5121149