6662 Norwalk RdMedinaOH44256
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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 Medina at 6662 Norwalk Rd, Medina, OH, 44256 earns $532/mo cash flow from $1,518/mo rent with a $734/mo payment. Total monthly income totals $1,518/mo, and annual cash flow totals $6,378/yr on $49,725 capital. ROI tracks 32.74% on current figures, and rental yield reads 12.14% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 172.17% and total cumulative return in cash sums $85,614. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,518/mo property income instead of your personal income.
Single Family
Built in 1903
0.29 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
27,371
Single Family
25,459
Multi-Family
1,912
Businesses
1,848
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