5046 Erwin StMaple HeightsOH44137
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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 Maple Heights at 5046 Erwin St, Maple Heights, OH, 44137 listed at $153,998 pairs $1,173/mo rent with a $754/mo payment to leave $160/mo cash flow. Total monthly income runs $1,173/mo, and annual cash flow reaches $1,917/yr on $51,050 cash to close. Return on cash invested measures 23.66% in year one, and rental yield registers 9.14% at a $153,998 basis. Equity gained on principal adds $994/yr, and annual property appreciation at 5% supports $42,547 by year five. Five-year ROI tracks 123.53% and total cumulative return in cash totals $63,061. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,173/mo property income relative to a $754/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
6,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44137, Maple Heights, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,550 (100%) |
| Owner Occupied HU | 5,907 (56.0%) |
| Renter Occupied HU | 3,737 (35.4%) |
| Vacant Housing Units | 906 ( 8.6%) |
| Median Home Value | $99,674 |
| Average Home Value | $148,337 |
Housing Distribution
Address Breakdown
Residential
9,950
Single Family
8,908
Multi-Family
1,042
Businesses
569
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Listed by: Sheritha L Miller • Howard Hanna
Mls Name: MLS Now
Mls ID: #5176038