6340 Greenwood Pkwy APT 205Sagamore HillsOH44067
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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 Sagamore Hills at 6340 Greenwood Pkwy APT 205, Sagamore Hills, OH, 44067 generates $891/mo in rent and, after a $573/mo payment, leaves $121/mo in cash flow. Total monthly income is $891/mo, and annual cash flow is $1,453/yr on $38,786 invested. Return on cash invested sits at 23.65% in year one, and rental yield is 9.14% on a $117,000 entry. Equity gained on principal adds $755/yr, while 5% annual appreciation builds toward $32,325 over five years. Five-year ROI reaches 123.54% and total cumulative return in cash sums $47,917. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $891/mo property income rather than buyer’s personal income.
Condo
Built in 1970
866.84 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: Samantha J Beck • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5182556