536 Bayfair DrBay VillageOH44140
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 Bay Village at 536 Bayfair Dr, Bay Village, OH, 44140 offers $1,722/mo rent that, after a $1,199/mo payment, leaves $21/mo cash flow. Total monthly income is $1,722/mo, and annual cash flow is $247/yr on $81,184 cash. Return on cash invested measures 20.21% in year one, and rental yield stands at 8.44% at a $244,900 entry. Equity gained on principal adds $1,580/yr while 5% annual appreciation compounds into $67,661 by year five. Five-year ROI records 105.48% and total cumulative return in cash reaches $85,637. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,722/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
7,405 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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Nearby investment properties with comparable prices
Listed by: Ed Huck • Keller Williams Citywide
Mls Name: MLS Now
Mls Provider:
Mls ID: #5110062
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