520 Meredith Ln APT 302Cuyahoga FallsOH44223
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 Cuyahoga Falls at 520 Meredith Ln APT 302, Cuyahoga Falls, OH, 44223 generates $1,768/mo in rent and, after a $612/mo payment, leaves $325/mo in cash flow. Total monthly income is $1,768/mo, and annual cash flow is $3,895/yr on $41,438 invested. Return on cash invested sits at 29.31% in year one, and rental yield is 16.97% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 160.33% and total cumulative return in cash sums $66,437. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,768/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$621 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44223, Cuyahoga Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,805 (100%) |
| Owner Occupied HU | 6,400 (65.3%) |
| Renter Occupied HU | 2,924 (29.8%) |
| Vacant Housing Units | 481 ( 4.9%) |
| Median Home Value | $251,874 |
| Average Home Value | $293,032 |
Housing Distribution
Address Breakdown
Residential
8,385
Single Family
7,842
Multi-Family
543
Businesses
622
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Nearby investment properties with comparable prices
Listed by: Angela Keto • Berkshire Hathaway HomeServices Simon & Salhany Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5136072
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