70 Richard DrMunroe FallsOH44262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Munroe Falls at 70 Richard Dr, Munroe Falls, OH, 44262 offers a 6.09% rental yield on a $217,500 purchase with $1,104/mo rent. 46% in year one. Equity gained on principal adds $1,403/yr while 5% annual appreciation supports $60,091 over five years. Portfolio math shows five-year ROI at 74.17% and total cumulative return in cash at $53,478. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,104/mo property income against a $1,065/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44262, Munroe Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,122 (100%) |
| Owner Occupied HU | 1,734 (81.7%) |
| Renter Occupied HU | 329 (15.5%) |
| Vacant Housing Units | 59 ( 2.8%) |
| Median Home Value | $254,141 |
| Average Home Value | $324,572 |
Housing Distribution
Address Breakdown
Residential
2,190
Single Family
1,917
Multi-Family
273
Businesses
158
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel J Salmons • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5152019