5055 Timber Edge DrRichfieldOH44286
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
Rental property for sale in Richfield at 5055 Timber Edge Dr, Richfield, OH, 44286 generates $2,520/mo in rent, after a $9,246/mo payment. Total monthly income is $2,520/mo. Return on cash invested sits at 0.95% in year one, and rental yield is 1.6% on a $1,889,000 entry. Equity gained on principal adds $12,189/yr, while 5% annual appreciation builds toward $521,896 over five years. Five-year ROI reaches 1.59% and total cumulative return in cash sums $9,726. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,520/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
3.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44286, Richfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,550 (100%) |
| Owner Occupied HU | 2,264 (88.8%) |
| Renter Occupied HU | 192 ( 7.5%) |
| Vacant Housing Units | 94 ( 3.7%) |
| Median Home Value | $488,665 |
| Average Home Value | $548,449 |
Housing Distribution
Address Breakdown
Residential
2,609
Single Family
2,561
Multi-Family
48
Businesses
354
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices