5583 Birchwood DrMedinaOH44215
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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 Medina at 5583 Birchwood Dr, Medina, OH, 44215 priced at $342,500 pairs $2,397/mo rent with $129/mo cash flow after a $1,676/mo payment. Total monthly income equals $2,397/mo, and annual cash flow comes to $1,554/yr on $113,539 invested. Return on cash invested is 21.28% in year one, and rental yield stands at 8.4% on a $342,500 basis. Equity gained on principal adds $2,210/yr, and 5% annual appreciation accumulates to $94,626 by year five. Five-year ROI measures 110.77% and total cumulative return in cash reaches $125,771. For financing, Ziffy Mortgage’s DSCR program evaluates $2,397/mo property income against a $1,676/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
0.34 Acres lot
$N/A/sqft
$180 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44215, Chippewa Lake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,131 (100%) |
| Owner Occupied HU | 807 (71.4%) |
| Renter Occupied HU | 155 (13.7%) |
| Vacant Housing Units | 169 (14.9%) |
| Median Home Value | $274,593 |
| Average Home Value | $323,779 |
Housing Distribution
Address Breakdown
Residential
1,011
Single Family
1,011
Multi-Family
0
Businesses
51
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