6280 Greenwood Pkwy APT 202Sagamore HillsOH44067
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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 Sagamore Hills at 6280 Greenwood Pkwy APT 202, Sagamore Hills, OH, 44067 uses $39,747 cash to close to unlock $1,634/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $925/mo, and a $587/mo payment keeps the spread at $136/mo. Purchase price stands at $119,900, and rental yield measures 9.26% with $925/mo rent. Return on cash invested shows 24.02% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 125.5% and total cumulative return in cash records $49,884. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $925/mo property income covering a $587/mo payment rather than investor’s personal income.
Condo
Built in 1970
962.68 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44067, Northfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,881 (100%) |
| Owner Occupied HU | 7,229 (81.4%) |
| Renter Occupied HU | 1,393 (15.7%) |
| Vacant Housing Units | 259 ( 2.9%) |
| Median Home Value | $283,482 |
| Average Home Value | $302,728 |
Housing Distribution
Address Breakdown
Residential
8,890
Single Family
8,187
Multi-Family
703
Businesses
472
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Listed by: Edward W Tovey Jr. • HomeSmart Real Estate Momentum LLC
Mls Name: MLS Now
Mls ID: #5163624