4704 S Ridge Rd EGenevaOH44041
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 Geneva at 4704 S Ridge Rd E, Geneva, OH, 44041 uses $48,068 cash to close to unlock $6,971/yr annual cash flow and $581/mo monthly cash flow. Total monthly income runs $1,535/mo, and a $710/mo payment keeps the spread at $581/mo. Purchase price stands at $145,000, and rental yield measures 12.7% with $1,535/mo rent. Return on cash invested shows 34.41% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 181.11% and total cumulative return in cash records $87,056. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,535/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1923
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44041, Geneva, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,989 (100%) |
| Owner Occupied HU | 4,219 (60.4%) |
| Renter Occupied HU | 1,495 (21.4%) |
| Vacant Housing Units | 1,275 (18.2%) |
| Median Home Value | $193,242 |
| Average Home Value | $251,361 |
Housing Distribution
Address Breakdown
Residential
6,176
Single Family
6,006
Multi-Family
170
Businesses
517
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ben Drenik • Keller Williams Greater Cleveland Northeast
Mls Name: MLS Now
Mls Provider:
Mls ID: #5159662
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.