6990 S Great OaksIndependenceOH44131
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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
Total monthly income runs $4,440/mo, and a $4,792/mo payment. Purchase price stands at $979,000, and rental yield measures 5.44% with $4,440/mo rent. Return on cash invested shows 12.61% in year one, and 5% annual appreciation builds toward $270,480 over five years. Five-year ROI reaches 64.19% and total cumulative return in cash records $206,734. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,440/mo property income covering a $4,792/mo payment rather than investor’s personal income.
Single Family
Built in 2021
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44131, Independence, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,994 (100%) |
| Owner Occupied HU | 8,002 (89.0%) |
| Renter Occupied HU | 618 ( 6.9%) |
| Vacant Housing Units | 374 ( 4.2%) |
| Median Home Value | $273,326 |
| Average Home Value | $319,893 |
Housing Distribution
Address Breakdown
Residential
9,046
Single Family
8,851
Multi-Family
195
Businesses
1,365
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Listed by: Kristine M McGee • Howard Hanna
Mls Name: MLS Now
Mls ID: #5181702