482 Medway RdHighland HeightsOH44143
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 Highland Heights at 482 Medway Rd, Highland Heights, OH, 44143 listed at $685,000 pairs $3,926/mo rent with a $3,353/mo payment. Total monthly income runs $3,926/mo. Return on cash invested measures 16.97% in year one, and rental yield registers 6.88% at a $685,000 basis. Equity gained on principal adds $4,420/yr, and annual property appreciation at 5% supports $189,253 by year five. Five-year ROI tracks 87.56% and total cumulative return in cash totals $197,338. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,926/mo property income relative to a $3,353/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44143, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,192 (100%) |
| Owner Occupied HU | 7,818 (69.9%) |
| Renter Occupied HU | 2,471 (22.1%) |
| Vacant Housing Units | 903 ( 8.1%) |
| Median Home Value | $280,301 |
| Average Home Value | $312,811 |
Housing Distribution
Address Breakdown
Residential
11,225
Single Family
9,001
Multi-Family
2,224
Businesses
724
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eileen Clegg McKeon • Howard Hanna
Mls Name: MLS Now
Mls ID: #5136239