4890 Northwood DrSheffield LakeOH44054
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 Sheffield Lake at 4890 Northwood Dr, Sheffield Lake, OH, 44054 earns $1,263/mo cash flow from $2,099/mo rent with a $612/mo payment. Total monthly income totals $2,099/mo, and annual cash flow totals $15,150/yr on $41,438 capital. ROI tracks 56.47% on current figures, and rental yield reads 20.15% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 299.62% and total cumulative return in cash sums $124,157. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,099/mo property income instead of your personal income.
Single Family
Built in 1954
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44054, Sheffield Lake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,781 (100%) |
| Owner Occupied HU | 3,959 (68.5%) |
| Renter Occupied HU | 1,481 (25.6%) |
| Vacant Housing Units | 341 ( 5.9%) |
| Median Home Value | $212,593 |
| Average Home Value | $273,551 |
Housing Distribution
Address Breakdown
Residential
5,599
Single Family
5,149
Multi-Family
450
Businesses
211
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Zack • Howard Hanna
Mls Name: MLS Now
Mls ID: #5128247