51 Riverside DrBereaOH44017
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 Berea at 51 Riverside Dr, Berea, OH, 44017 at $470,000 posts ROI 13.5% with from $2,716/mo rent. Total monthly income equals $2,716/mo. Return on cash invested measures 13.5% and rental yield reads 6.93% at the current $470,000. Equity gained on principal adds $3,033/yr, and 5% annual appreciation supports $129,852 by year five. Five-year ROI prints 70.29% and total cumulative return in cash totals $109,509. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,716/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1999
1,306 sqft lot
$N/A/sqft
$407 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44017, Berea, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,111 (100%) |
| Owner Occupied HU | 5,471 (67.5%) |
| Renter Occupied HU | 2,163 (26.7%) |
| Vacant Housing Units | 477 ( 5.9%) |
| Median Home Value | $220,750 |
| Average Home Value | $260,679 |
Housing Distribution
Address Breakdown
Residential
8,061
Single Family
6,706
Multi-Family
1,355
Businesses
685
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Nearby investment properties with comparable prices
Listed by: Nikki Whitcomb • Berkshire Hathaway HomeServices Professional Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5140575
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