538 W Smith RdMedinaOH44256
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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
Rental property for sale in Medina at 538 W Smith Rd, Medina, OH, 44256 priced at $194,900 pairs $1,519/mo rent with $237/mo cash flow after a $954/mo payment. Total monthly income equals $1,519/mo, and annual cash flow comes to $2,843/yr on $64,609 invested. Return on cash invested is 24.31% in year one, and rental yield stands at 9.35% on a $194,900 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,847 by year five. Five-year ROI measures 126.93% and total cumulative return in cash reaches $82,011. For financing, Ziffy Mortgage’s DSCR program evaluates $1,519/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1890
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44256, Medina, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,490 (100%) |
| Owner Occupied HU | 21,011 (76.4%) |
| Renter Occupied HU | 5,268 (19.2%) |
| Vacant Housing Units | 1,211 ( 4.4%) |
| Median Home Value | $336,289 |
| Average Home Value | $370,303 |
Housing Distribution
Address Breakdown
Residential
27,371
Single Family
25,459
Multi-Family
1,912
Businesses
1,848
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