6140 Meadview DrSeven HillsOH44131
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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 Seven Hills at 6140 Meadview Dr, Seven Hills, OH, 44131 generates $2,467/mo in rent and, after a $1,786/mo payment, leaves $67/mo in cash flow. Total monthly income is $2,467/mo, and annual cash flow is $799/yr on $120,998 invested. Return on cash invested sits at 20.57% in year one, and rental yield is 8.11% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 106.9% and total cumulative return in cash sums $129,343. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,467/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44131, Independence, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,994 (100%) |
| Owner Occupied HU | 8,002 (89.0%) |
| Renter Occupied HU | 618 ( 6.9%) |
| Vacant Housing Units | 374 ( 4.2%) |
| Median Home Value | $273,326 |
| Average Home Value | $319,893 |
Housing Distribution
Address Breakdown
Residential
9,046
Single Family
8,851
Multi-Family
195
Businesses
1,365
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Listed by: Adam Lewis • Russell Real Estate Services
Mls Name: MLS Now
Mls ID: #5147724