537 Park Ridge DrMunroe FallsOH44262
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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 Munroe Falls at 537 Park Ridge Dr, Munroe Falls, OH, 44262 earns $104/mo cash flow from $2,406/mo rent with a $1,713/mo payment. Total monthly income totals $2,406/mo, and annual cash flow totals $1,246/yr on $116,025 capital. ROI tracks 20.98% on current figures, and rental yield reads 8.25% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 109.11% and total cumulative return in cash sums $126,590. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,406/mo property income instead of your personal income.
Single Family
Built in 1980
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44262, Munroe Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,122 (100%) |
| Owner Occupied HU | 1,734 (81.7%) |
| Renter Occupied HU | 329 (15.5%) |
| Vacant Housing Units | 59 ( 2.8%) |
| Median Home Value | $254,141 |
| Average Home Value | $324,572 |
Housing Distribution
Address Breakdown
Residential
2,190
Single Family
1,917
Multi-Family
273
Businesses
158
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Listed by: Bonnie Phillips • Redfin Real Estate Corporation
Mls Name: MLS Now
Mls ID: #5177230