518 Huntmere DrBay VillageOH44140
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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 Bay Village at 518 Huntmere Dr, Bay Village, OH, 44140 with 5% annual appreciation on a $255,000 basis while $2,762/mo rent supports operations. Total monthly income totals $2,762/mo and a $1,248/mo payment preserves $979/mo for cash returns. Annual cash flow comes to $11,745/yr on $84,533 deployed, and return on cash invested reaches 33.8% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 13%. Five-year ROI measures 178.41% and total cumulative return in cash totals $150,812.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,762/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
7,039 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44140, Bay Village, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,299 (100%) |
| Owner Occupied HU | 5,573 (88.5%) |
| Renter Occupied HU | 463 ( 7.4%) |
| Vacant Housing Units | 263 ( 4.2%) |
| Median Home Value | $346,297 |
| Average Home Value | $400,904 |
Housing Distribution
Address Breakdown
Residential
6,350
Single Family
6,175
Multi-Family
175
Businesses
292
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Listed by: Sean R Szczepinski • Howard Hanna
Mls Name: MLS Now
Mls ID: #5167007