575 Columbia RdBay VillageOH44140
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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 Bay Village at 575 Columbia Rd, Bay Village, OH, 44140 earns $59/mo cash flow from $1,966/mo rent with a $1,419/mo payment. Total monthly income totals $1,966/mo, and annual cash flow totals $708/yr on $96,102 capital. ROI tracks 20.65% on current figures, and rental yield reads 8.14% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 107.3% and total cumulative return in cash sums $103,113. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,966/mo property income instead of your personal income.
Single Family
Built in 1950
6,952 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44140, Bay Village, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,299 (100%) |
| Owner Occupied HU | 5,573 (88.5%) |
| Renter Occupied HU | 463 ( 7.4%) |
| Vacant Housing Units | 263 ( 4.2%) |
| Median Home Value | $346,297 |
| Average Home Value | $400,904 |
Housing Distribution
Address Breakdown
Residential
6,350
Single Family
6,175
Multi-Family
175
Businesses
292
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Listed by: Frank J Slemc • CENTURY 21 Asa Cox Homes
Mls Name: MLS Now
Mls ID: #5144252