562 Magnolia CtMayfield VillageOH44143
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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 Mayfield Village at 562 Magnolia Ct, Mayfield Village, OH, 44143 with 5% annual appreciation on a $599,000 basis while $4,170/mo rent supports operations. Total monthly income totals $4,170/mo and a $2,932/mo payment preserves $230/mo for cash returns. Annual cash flow comes to $2,756/yr on $197,071 deployed, and return on cash invested reaches 21.46% in year one. Equity gained on principal adds $3,865/yr, and five-year appreciation sums $165,493 alongside rental yield of 8.35%. Five-year ROI measures 111.63% and total cumulative return in cash totals $219,994.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,170/mo property income versus a $2,932/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
7,461 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44143, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,192 (100%) |
| Owner Occupied HU | 7,818 (69.9%) |
| Renter Occupied HU | 2,471 (22.1%) |
| Vacant Housing Units | 903 ( 8.1%) |
| Median Home Value | $280,301 |
| Average Home Value | $312,811 |
Housing Distribution
Address Breakdown
Residential
11,225
Single Family
9,001
Multi-Family
2,224
Businesses
724
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Listed by: Terry Young • Keller Williams Greater Metropolitan
Mls Name: MLS Now
Mls ID: #5166017