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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in North Olmsted at 4849 Grace Rd UNIT 121, North Olmsted, OH, 44070 offers a 9.14% rental yield on a $102,900 purchase with $784/mo rent. 26% in year one. Equity gained on principal adds $664/yr while 5% annual appreciation supports $28,429 over five years. Portfolio math shows five-year ROI at 36.45% and total cumulative return in cash at $12,434. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $784/mo property income against a $504/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
N/A lot
$N/A/sqft
$470 monthly HOA
Neighborhood data shown for ZIP Code: 44070, North Olmsted, OH area.
| 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 |
Residential
14,046
Single Family
10,924
Multi-Family
3,122
Businesses
964
Date | Event | Price |
|---|---|---|
| 2025-09-16 | Listed for sale | $102,900 |
| 1994-03-25 | Sold | $50,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-17 | $1861.22 | 29.92% | $27,160 | 54.85% |
| 2023-09-17 | $1432.54 | 0.53% | $17,540 | N/A |
| 2022-09-17 | $1424.96 | 10.50% | $17,540 | N/A |
Listed by: Brent Smith • Keller Williams Chervenic Rlty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5157142
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.
