5246 Philip AveMaple HtsOH44137
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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 Maple Hts at 5246 Philip Ave, Maple Hts, OH, 44137 offers a 9.32% rental yield on a $170,000 purchase with $1,320/mo rent. Total monthly income registers $1,320/mo, and a $832/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,422/yr on $56,355 to close, and return on cash invested stands at 24.21% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 126.41% and total cumulative return in cash at $71,241. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
5,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44137, Maple Heights, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,550 (100%) |
| Owner Occupied HU | 5,907 (56.0%) |
| Renter Occupied HU | 3,737 (35.4%) |
| Vacant Housing Units | 906 ( 8.6%) |
| Median Home Value | $99,674 |
| Average Home Value | $148,337 |
Housing Distribution
Address Breakdown
Residential
9,950
Single Family
8,908
Multi-Family
1,042
Businesses
569
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