576 S Falmouth DrRocky RiverOH44116
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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 Rocky River at 576 S Falmouth Dr, Rocky River, OH, 44116 priced at $319,000 pairs $3,310/mo rent with $1,175/mo cash flow after a $1,561/mo payment. Total monthly income equals $3,310/mo, and annual cash flow comes to $14,094/yr on $105,749 invested. Return on cash invested is 33.24% in year one, and rental yield stands at 12.45% on a $319,000 basis. Equity gained on principal adds $2,058/yr, and 5% annual appreciation accumulates to $88,134 by year five. Five-year ROI measures 174.99% and total cumulative return in cash reaches $185,053. For financing, Ziffy Mortgage’s DSCR program evaluates $3,310/mo property income against a $1,561/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1942
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44116, Rocky River, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,534 (100%) |
| Owner Occupied HU | 7,068 (67.1%) |
| Renter Occupied HU | 2,772 (26.3%) |
| Vacant Housing Units | 694 ( 6.6%) |
| Median Home Value | $348,818 |
| Average Home Value | $410,013 |
Housing Distribution
Address Breakdown
Residential
10,207
Single Family
6,855
Multi-Family
3,352
Businesses
868
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Listed by: Liz Manning • Howard Hanna
Mls Name: MLS Now
Mls ID: #5138022