6826 Old Royalton Rd APT 2BrecksvilleOH44141
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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 Brecksville at 6826 Old Royalton Rd APT 2, Brecksville, OH, 44141 uses $89,472 cash to close to unlock $1,904/yr annual cash flow and $159/mo monthly cash flow. Total monthly income runs $1,934/mo, and a $1,321/mo payment keeps the spread at $159/mo. Purchase price stands at $269,900, and rental yield measures 8.6% with $1,934/mo rent. Return on cash invested shows 22.04% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 114.77% and total cumulative return in cash records $102,690. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,934/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44141, Brecksville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,161 (100%) |
| Owner Occupied HU | 5,004 (81.2%) |
| Renter Occupied HU | 756 (12.3%) |
| Vacant Housing Units | 401 ( 6.5%) |
| Median Home Value | $368,396 |
| Average Home Value | $408,081 |
Housing Distribution
Address Breakdown
Residential
6,173
Single Family
5,540
Multi-Family
633
Businesses
557
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Listed by: Joseph A Medina • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5163540