7102 Oak StChagrin FallsOH44022
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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 Chagrin Falls at 7102 Oak St, Chagrin Falls, OH, 44022 offers a 8.07% rental yield on a $445,000 purchase with $2,994/mo rent. Total monthly income registers $2,994/mo, and a $2,178/mo payment leaves $67/mo available for distribution. Annual cash flow reaches $803/yr on $147,518 to close, and return on cash invested stands at 20.45% in year one. Equity gained on principal adds $2,872/yr while 5% annual appreciation supports $122,945 over five years. Portfolio math shows five-year ROI at 106.27% and total cumulative return in cash at $156,764. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,994/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44022, Chagrin Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,308 (100%) |
| Owner Occupied HU | 5,959 (81.5%) |
| Renter Occupied HU | 812 (11.1%) |
| Vacant Housing Units | 537 ( 7.3%) |
| Median Home Value | $451,171 |
| Average Home Value | $555,710 |
Housing Distribution
Address Breakdown
Residential
7,309
Single Family
6,785
Multi-Family
524
Businesses
658
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Listed by: Andrea L Apshago • Berkshire Hathaway HomeServices Professional Realty
Mls Name: MLS Now
Mls ID: #5169514