6416 E Wallings RdBroadview HeightsOH44147
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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 Broadview Heights at 6416 E Wallings Rd, Broadview Heights, OH, 44147 with 5% annual appreciation on a $364,000 basis while $4,200/mo rent supports operations. Total monthly income totals $4,200/mo and a $1,782/mo payment preserves $1,805/mo for cash returns. Annual cash flow comes to $21,663/yr on $120,666 deployed, and return on cash invested reaches 37.86% in year one. Equity gained on principal adds $2,349/yr, and five-year appreciation sums $100,566 alongside rental yield of 13.85%. Five-year ROI measures 199.66% and total cumulative return in cash totals $240,917.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,200/mo property income versus a $1,782/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
1.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44147, Broadview Heights, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,389 (100%) |
| Owner Occupied HU | 6,403 (76.3%) |
| Renter Occupied HU | 1,682 (20.1%) |
| Vacant Housing Units | 304 ( 3.6%) |
| Median Home Value | $335,986 |
| Average Home Value | $357,257 |
Housing Distribution
Address Breakdown
Residential
8,531
Single Family
6,979
Multi-Family
1,552
Businesses
660
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Listed by: Donna M Orban • Howard Hanna
Mls Name: MLS Now
Mls ID: #5071638