650 S Broadway St, Medina, OH, 44256 | $105/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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650 S Broadway St, Medina, OH, 44256 | $105/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Medina at 650 S Broadway St, Medina, OH, 44256 listed at $230,000 pairs $1,618/mo rent with a $1,126/mo payment to leave $105/mo cash flow. Total monthly income runs $1,618/mo, and annual cash flow reaches $1,258/yr on $76,245 cash to close. Return on cash invested measures 21.56% in year one, and rental yield registers 8.44% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 112.21% and total cumulative return in cash totals $85,555. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,618/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1928

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

A standout opportunity in one of Medinas most desirable locations just a short distance to the vibrant historic square. This cozy home offers a perfect blend of charm, location, and flexibility, whether you're looking for a personal residence, rental, or Airbnb. Features include hardwood floors, a hardwood staircase and landing, newer appliances, updated HVAC, and a newer roof. A newer elevated deck overlooks a generous yard with a peaceful wooded backdrop, complete with a stream and frequent wildlife a rare find in town. Just a few finishing touches will make this property truly shine. Dont miss the long-term potential and unbeatable proximity to shops, dining, and events.

Neighborhood Data

Neighborhood data shown for ZIP Code: 44256, Medina, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	27,490 (100%)
Owner Occupied HU	21,011 (76.4%)
Renter Occupied HU	5,268 (19.2%)
Vacant Housing Units	1,211 ( 4.4%)
Median Home Value	$336,289
Average Home Value	$370,303