6572 Edgemoor AveSolonOH44139
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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 Solon at 6572 Edgemoor Ave, Solon, OH, 44139 generates $2,014/mo in rent and, after a $1,395/mo payment, leaves $139/mo in cash flow. Total monthly income is $2,014/mo, and annual cash flow is $1,671/yr on $94,478 invested. Return on cash invested sits at 21.68% in year one, and rental yield is 8.48% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 112.86% and total cumulative return in cash sums $106,626. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,014/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44139, Solon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,396 (100%) |
| Owner Occupied HU | 7,673 (81.7%) |
| Renter Occupied HU | 1,397 (14.9%) |
| Vacant Housing Units | 326 ( 3.5%) |
| Median Home Value | $390,964 |
| Average Home Value | $441,449 |
Housing Distribution
Address Breakdown
Residential
9,560
Single Family
8,373
Multi-Family
1,187
Businesses
1,324
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Listed by: Laurie Chervenic • Keller Williams Chervenic Rlty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5133417
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