6206 Timberlane DrIndependenceOH44131
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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
Investment property for sale in Independence at 6206 Timberlane Dr, Independence, OH, 44131 earns $1,134/mo cash flow from $3,982/mo rent with a $2,119/mo payment. Total monthly income totals $3,982/mo, and annual cash flow totals $13,611/yr on $143,506 capital. ROI tracks 29.39% on current figures, and rental yield reads 11.04% at a $432,900 purchase. Equity gained on principal adds $2,793/yr, and 5% annual appreciation supports $119,602 over five years. Five-year ROI reaches 154.23% and total cumulative return in cash sums $221,329. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,982/mo property income instead of your personal income.
Single Family
Built in 1961
0.88 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: Charlie Zkiab • Howard Hanna
Mls Name: MLS Now
Mls ID: #5130228