








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Medina at 6056 Latimer Way, Medina, OH, 44256 generates $2,100/mo in rent and, after a $1,468/mo payment, leaves $100/mo in cash flow. Total monthly income is $2,100/mo, and annual cash flow is $1,195/yr on $99,440 invested. Return on cash invested sits at 21.11% in year one, and rental yield is 8.4% on a $299,969 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,876 over five years. Five-year ROI reaches 109.94% and total cumulative return in cash sums $109,322. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,100/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
5,227 sqft lot
$N/A/sqft
$330 annually HOA
Neighborhood data shown for ZIP Code: 44256, Medina, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,490 (100%) |
| Owner Occupied HU | 21,011 (76.4%) |
| Renter Occupied HU | 5,268 (19.2%) |
| Vacant Housing Units | 1,211 ( 4.4%) |
| Median Home Value | $336,289 |
| Average Home Value | $370,303 |
Residential
27,371
Single Family
25,459
Multi-Family
1,912
Businesses
1,848
Date | Event | Price |
|---|---|---|
| 2024-12-04 | Price change | $299,969 |
| 2024-11-25 | Price change | $308,900 |
| 2024-11-11 | Price change | $314,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-11 | $3207.16 | -14.13% | $80,870 | N/A |
| 2022-01-11 | $3735.02 | 7.53% | $80,870 | 28.00% |
| 2021-01-11 | $3473.56 | N/A | $63,180 | N/A |



Listed by: Amy L Hoes • EXP Realty, LLC.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5083294
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2024 - Multiple Listing Service, Inc. All Rights Reserved.