5604 Lafayette AveMaple HeightsOH44137
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 Maple Heights at 5604 Lafayette Ave, Maple Heights, OH, 44137 priced at $117,500 converts $1,041/mo rent into $268/mo cash flow after a $575/mo obligation. Total monthly income equals $1,041/mo, and annual cash flow totals $3,219/yr on $38,951 invested. Return on cash invested prints 28.17% in year one, and rental yield reads 10.63% against a $117,500 entry. Equity gained on principal adds $758/yr, while 5% annual appreciation compiles into $32,463 by year five. Five-year ROI reaches 147.76% and total cumulative return in cash sums $57,554. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,041/mo property income covering a $575/mo payment, not borrower’s personal income.
Single Family
Built in 1962
5,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Azzam • RE/MAX Haven Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5072824
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.