7000 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
Rental property for sale in Brecksville at 7000 Carriage Hill Dr APT 203, Brecksville, OH, 44141 generates $1,005/mo in rent and, after a $636/mo payment, leaves $150/mo in cash flow. Total monthly income is $1,005/mo, and annual cash flow is $1,802/yr on $43,095 invested. Return on cash invested sits at 24.09% in year one, and rental yield is 9.28% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 125.87% and total cumulative return in cash sums $54,243. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,005/mo property income rather than buyer’s personal income.
Condo
Built in 1962
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: Megan L Samuels • HomeSmart Real Estate Momentum LLC
Mls Name: MLS Now
Mls ID: #5171438