6607 Vandalia AveBrooklynOH44144
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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 Brooklyn at 6607 Vandalia Ave, Brooklyn, OH, 44144 uses $53,040 cash to close to unlock $4,433/yr annual cash flow and $369/mo monthly cash flow. Total monthly income runs $1,430/mo, and a $783/mo payment keeps the spread at $369/mo. Purchase price stands at $160,000, and rental yield measures 10.72% with $1,430/mo rent. Return on cash invested shows 28.27% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 148.28% and total cumulative return in cash records $78,650. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,430/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1929
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44144, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,093 (100%) |
| Owner Occupied HU | 5,637 (55.9%) |
| Renter Occupied HU | 3,753 (37.2%) |
| Vacant Housing Units | 703 ( 7.0%) |
| Median Home Value | $153,561 |
| Average Home Value | $185,194 |
Housing Distribution
Address Breakdown
Residential
10,035
Single Family
8,326
Multi-Family
1,709
Businesses
469
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Listed by: Jett Gibson • Realistar
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225023031
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.