6818 Fireside Ct, Mentor, OH, 44060 | 8.9% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,890/mo, and a $1,248/mo payment. Purchase price stands at $254,900, and rental yield measures 8.9% with $1,890/mo rent. Return on cash invested shows 19.24% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 101.1% and total cumulative return in cash records $85,428. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,890/mo property income covering a $1,248/mo payment rather than investor’s personal income.

Condo

Built in 1987

N/A lot

$N/A/sqft

$260 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 44060, Mentor, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	27,459 (100%)
Owner Occupied HU	22,116 (80.5%)
Renter Occupied HU	4,392 (16.0%)
Vacant Housing Units	951 ( 3.5%)
Median Home Value	$260,396
Average Home Value	$289,288