7178 Hawthorn TrceIndependenceOH44131
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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 Independence at 7178 Hawthorn Trce, Independence, OH, 44131 with 5% annual appreciation on a $710,000 basis while $3,791/mo rent supports operations. 07% in year one. Equity gained on principal adds $4,582/yr, and five-year appreciation sums $196,160 alongside rental yield of 6.41%. Five-year ROI measures 77.55% and total cumulative return in cash totals $181,139. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,791/mo property income versus a $3,475/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
0.56 Acres lot
$N/A/sqft
$600 annually 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: Chris Davidson • Howard Hanna
Mls Name: MLS Now
Mls ID: #5122336