564 Meredith LnCuyahoga FallsOH44223
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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 Cuyahoga Falls at 564 Meredith Ln, Cuyahoga Falls, OH, 44223 priced at $105,000 converts $794/mo rent into $103/mo cash flow after a $514/mo obligation. Total monthly income equals $794/mo, and annual cash flow totals $1,239/yr on $34,808 invested. Return on cash invested prints 23.47% in year one, and rental yield reads 9.07% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 122.56% and total cumulative return in cash sums $42,662. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $794/mo property income covering a $514/mo payment, not borrower’s personal income.
Condo
Built in 1987
875.56 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44223, Cuyahoga Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,805 (100%) |
| Owner Occupied HU | 6,400 (65.3%) |
| Renter Occupied HU | 2,924 (29.8%) |
| Vacant Housing Units | 481 ( 4.9%) |
| Median Home Value | $251,874 |
| Average Home Value | $293,032 |
Housing Distribution
Address Breakdown
Residential
8,385
Single Family
7,842
Multi-Family
543
Businesses
622
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Listed by: Suede E Beverly • Real of Ohio
Mls Name: MLS Now
Mls ID: #5147763