580 Walnut DrEuclidOH44132
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
Investment property for sale in Euclid at 580 Walnut Dr, Euclid, OH, 44132 uses $77,869 cash to close to unlock $9,295/yr annual cash flow and $775/mo monthly cash flow. Total monthly income runs $2,320/mo, and a $1,150/mo payment keeps the spread at $775/mo. Purchase price stands at $234,900, and rental yield measures 11.85% with $2,320/mo rent. Return on cash invested shows 31.85% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 167.37% and total cumulative return in cash records $130,329. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,320/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1953
7,474 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44132, Euclid, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,333 (100%) |
| Owner Occupied HU | 3,101 (42.3%) |
| Renter Occupied HU | 3,387 (46.2%) |
| Vacant Housing Units | 845 (11.5%) |
| Median Home Value | $131,127 |
| Average Home Value | $170,150 |
Housing Distribution
Address Breakdown
Residential
6,948
Single Family
4,769
Multi-Family
2,179
Businesses
399
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Nearby investment properties with comparable prices
Listed by: Patrick Pellerite • Russell Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5144396
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