521 Tollis Pkwy APT 298Broadview HeightsOH44147
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 521 Tollis Pkwy APT 298, Broadview Heights, OH, 44147 in Broadview Heights is the 1.67 coverage ratio: rent of $938/mo versus a $562/mo debt payment on a $124,900 property. Rental yield 9.01%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $34,508 by year five, with $1,150/yr in equity from paydown. Total projected cumulative return: $55,054.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.2% |
| Monthly Cash Flow | $(158) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $938 |
| Total Monthly Debt Service | $772 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44147, Broadview Heights, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,389 (100%) |
| Owner Occupied HU | 6,403 (76.3%) |
| Renter Occupied HU | 1,682 (20.1%) |
| Vacant Housing Units | 304 ( 3.6%) |
| Median Home Value | $335,986 |
| Average Home Value | $357,257 |
Housing Distribution
Address Breakdown
Residential
8,531
Single Family
6,979
Multi-Family
1,552
Businesses
660
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
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44147, Broadview Heights, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,389 (100%) |
| Owner Occupied HU | 6,403 (76.3%) |
| Renter Occupied HU | 1,682 (20.1%) |
| Vacant Housing Units | 304 ( 3.6%) |
| Median Home Value | $335,986 |
| Average Home Value | $357,257 |
Housing Distribution
Address Breakdown
Residential
8,531
Single Family
6,979
Multi-Family
1,552
Businesses
660
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MLS Now
Mls ID: #5195527