5211 Hampton DrNorth OlmstedOH44070
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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 North Olmsted at 5211 Hampton Dr, North Olmsted, OH, 44070 uses $131,606 cash to close to unlock $4,105/yr annual cash flow and $342/mo monthly cash flow. Total monthly income runs $2,958/mo, and a $1,943/mo payment keeps the spread at $342/mo. Purchase price stands at $397,000, and rental yield measures 8.94% with $2,958/mo rent. Return on cash invested shows 23.03% in year one, and 5% annual appreciation builds toward $109,684 over five years. Five-year ROI reaches 120.13% and total cumulative return in cash records $158,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,958/mo property income covering a $1,943/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44070, North Olmsted, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,298 (100%) |
| Owner Occupied HU | 10,418 (72.9%) |
| Renter Occupied HU | 3,234 (22.6%) |
| Vacant Housing Units | 646 ( 4.5%) |
| Median Home Value | $219,250 |
| Average Home Value | $237,989 |
Housing Distribution
Address Breakdown
Residential
14,046
Single Family
10,924
Multi-Family
3,122
Businesses
964
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Listed by: Jamie Samaha • Howard Hanna
Mls Name: MLS Now
Mls ID: #5135440