6875 Carriage Hill Dr UNIT E-57BrecksvilleOH44141
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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
Rental property for sale in Brecksville at 6875 Carriage Hill Dr UNIT E-57, Brecksville, OH, 44141 generates $1,273/mo in rent, after a $773/mo payment. Total monthly income is $1,273/mo. Return on cash invested sits at 14.96% in year one, and rental yield is 9.67% on a $158,000 entry. Equity gained on principal adds $1,020/yr, while 5% annual appreciation builds toward $43,652 over five years. Five-year ROI reaches 80.66% and total cumulative return in cash sums $42,250. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,273/mo property income rather than buyer’s personal income.
Condo
Built in 1977
43.56 sqft lot
$N/A/sqft
$450 monthly 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: Haley Serna • Howard Hanna
Mls Name: MLS Now
Mls ID: #5097964