64 Maple Cliff DrAvon LakeOH44012
Nearby investment properties with comparable rents
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
Rental property for sale in Avon Lake at 64 Maple Cliff Dr, Avon Lake, OH, 44012 priced at $780,000 converts $3,022/mo rent into after a $3,818/mo obligation. Total monthly income equals $3,022/mo. Return on cash invested prints 10.11% in year one, and rental yield reads 4.65% against a $780,000 entry. Equity gained on principal adds $5,033/yr, while 5% annual appreciation compiles into $215,500 by year five. Five-year ROI reaches 50.82% and total cumulative return in cash sums $130,420. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,022/mo property income covering a $3,818/mo payment, not borrower’s personal income.
Single Family
Built in 1942
6,098 sqft lot
$N/A/sqft
$225 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44012, Avon Lake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,204 (100%) |
| Owner Occupied HU | 8,709 (77.7%) |
| Renter Occupied HU | 2,105 (18.8%) |
| Vacant Housing Units | 390 ( 3.5%) |
| Median Home Value | $378,148 |
| Average Home Value | $414,933 |
Housing Distribution
Address Breakdown
Residential
10,872
Single Family
9,810
Multi-Family
1,062
Businesses
506
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Nearby investment properties with comparable prices
Listed by: Ryan Burrows • EXP Realty, LLC.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5128073
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