








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


Investment property for sale in Berea at 62 Milton St, Berea, OH, 44017 listed at $271,900 pairs $2,095/mo rent with a $1,331/mo payment to leave $306/mo cash flow. Total monthly income runs $2,095/mo, and annual cash flow reaches $3,676/yr on $90,135 cash to close. Return on cash invested measures 23.99% in year one, and rental yield registers 9.25% at a $271,900 basis. Equity gained on principal adds $1,755/yr, and annual property appreciation at 5% supports $75,121 by year five. Five-year ROI tracks 125.25% and total cumulative return in cash totals $112,894. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,095/mo property income relative to a $1,331/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44017, Berea, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,111 (100%) |
| Owner Occupied HU | 5,471 (67.5%) |
| Renter Occupied HU | 2,163 (26.7%) |
| Vacant Housing Units | 477 ( 5.9%) |
| Median Home Value | $220,750 |
| Average Home Value | $260,679 |
Residential
8,061
Single Family
6,706
Multi-Family
1,355
Businesses
685
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Holly Pratt • RE/MAX Crossroads Properties
Mls Name: MLS Now
Mls ID: #5175212