603 Davidson DrHighland HeightsOH44143
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 Highland Heights at 603 Davidson Dr, Highland Heights, OH, 44143 at $450,000 posts ROI 22.64% with $340/mo cash flow from $3,300/mo rent. Total monthly income equals $3,300/mo, and annual cash flow records $4,074/yr on $149,175 to close. Return on cash invested measures 22.64% and rental yield reads 8.8% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 118% and total cumulative return in cash totals $176,034.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,300/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
0.48 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenny Chin • Howard Hanna
Mls Name: MLS Now
Mls ID: #5180860