4757 Ledgewood Dr UNIT 8DMedinaOH44256
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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
Investment property for sale in Medina at 4757 Ledgewood Dr UNIT 8D, Medina, OH, 44256 earns $20/mo cash flow from $1,535/mo rent with a $930/mo payment. Total monthly income totals $1,535/mo, and annual cash flow totals $242/yr on $62,985 capital. ROI tracks 20.29% on current figures, and rental yield reads 9.69% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 107.3% and total cumulative return in cash sums $67,584. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,535/mo property income instead of your personal income.
Condo
Built in 1982
727.45 sqft lot
$N/A/sqft
$265 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44256, Medina, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,490 (100%) |
| Owner Occupied HU | 21,011 (76.4%) |
| Renter Occupied HU | 5,268 (19.2%) |
| Vacant Housing Units | 1,211 ( 4.4%) |
| Median Home Value | $336,289 |
| Average Home Value | $370,303 |
Housing Distribution
Address Breakdown
Residential
27,371
Single Family
25,459
Multi-Family
1,912
Businesses
1,848
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Listed by: Daniela Maragos • Keller Williams Elevate
Mls Name: MLS Now
Mls Provider:
Mls ID: #5133537
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