6920 Carriage Hill Dr APT 203BrecksvilleOH44141
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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 6920 Carriage Hill Dr APT 203, Brecksville, OH, 44141 listed at $149,999 pairs $1,144/mo rent with a $734/mo payment. Total monthly income runs $1,144/mo. Return on cash invested measures 15.26% in year one, and rental yield registers 9.15% at a $149,999 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 81.53% and total cumulative return in cash totals $40,542. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,144/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1962
N/A lot
$N/A/sqft
$350 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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