6607 Forest Glen 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
Investment property for sale in Solon at 6607 Forest Glen Ave, Solon, OH, 44139 offers a 11.35% rental yield on a $339,300 purchase with $3,210/mo rent. Total monthly income registers $3,210/mo, and a $1,661/mo payment leaves $961/mo available for distribution. Annual cash flow reaches $11,537/yr on $112,478 to close, and return on cash invested stands at 30.17% in year one. Equity gained on principal adds $2,189/yr while 5% annual appreciation supports $93,742 over five years. Portfolio math shows five-year ROI at 158.44% and total cumulative return in cash at $178,214. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,210/mo property income against a $1,661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
8,929 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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