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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in North Olmsted at 6523 Charles Rd, North Olmsted, OH, 44070 priced at $252,000 pairs $2,400/mo rent with $743/mo cash flow after a $1,233/mo payment. Total monthly income equals $2,400/mo, and annual cash flow comes to $8,914/yr on $83,538 invested. Return on cash invested is 30.58% in year one, and rental yield stands at 11.43% on a $252,000 basis. Equity gained on principal adds $1,626/yr, and 5% annual appreciation accumulates to $69,623 by year five. Five-year ROI measures 160.57% and total cumulative return in cash reaches $134,138. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $1,233/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44070, North Olmsted, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,298 (100%) |
| Owner Occupied HU | 10,418 (72.9%) |
| Renter Occupied HU | 3,234 (22.6%) |
| Vacant Housing Units | 646 ( 4.5%) |
| Median Home Value | $219,250 |
| Average Home Value | $237,989 |
Residential
14,046
Single Family
10,924
Multi-Family
3,122
Businesses
964
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Daniel Beirne • Opendoor Brokerage LLC
Mls Name: MLS Now
Mls ID: #5115784
