6843 Chaffee CtBrecksvilleOH44141
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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 6843 Chaffee Ct, Brecksville, OH, 44141 earns from $1,680/mo rent with a $1,664/mo payment. Total monthly income totals $1,680/mo. ROI tracks 13.99% on current figures, and rental yield reads 5.93% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 71.61% and total cumulative return in cash sums $80,706. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,680/mo property income instead of your personal income.
Condo
Built in 1994
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: Lindsey M Riley • Cutler Real Estate
Mls Name: MLS Now
Mls ID: #5170233