47 Beechwood DrNorthfieldOH44067
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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 Northfield at 47 Beechwood Dr, Northfield, OH, 44067 priced at $350,000 converts $1,917/mo rent into after a $1,713/mo obligation. Total monthly income equals $1,917/mo. Return on cash invested prints 15.93% in year one, and rental yield reads 6.57% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 81.99% and total cumulative return in cash sums $95,126. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,917/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44067, Northfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,881 (100%) |
| Owner Occupied HU | 7,229 (81.4%) |
| Renter Occupied HU | 1,393 (15.7%) |
| Vacant Housing Units | 259 ( 2.9%) |
| Median Home Value | $283,482 |
| Average Home Value | $302,728 |
Housing Distribution
Address Breakdown
Residential
8,890
Single Family
8,187
Multi-Family
703
Businesses
472
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Listed by: Jose Medina • Keller Williams Legacy Group Realty
Mls Name: MLS Now
Mls ID: #5176280