7201 Cleveland StSouth SolonOH43153
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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 South Solon at 7201 Cleveland St, South Solon, OH, 43153 generates $1,502/mo in rent and, after a $857/mo payment, leaves $350/mo in cash flow. Total monthly income is $1,502/mo, and annual cash flow is $4,205/yr on $58,013 invested. Return on cash invested sits at 27.16% in year one, and rental yield is 10.3% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 142.28% and total cumulative return in cash sums $82,543. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,502/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
8,407 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43153, South Solon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 397 (100%) |
| Owner Occupied HU | 273 (68.8%) |
| Renter Occupied HU | 77 (19.4%) |
| Vacant Housing Units | 47 (11.8%) |
| Median Home Value | $246,875 |
| Average Home Value | $258,718 |
Housing Distribution
Address Breakdown
Residential
306
Single Family
306
Multi-Family
0
Businesses
18
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Listed by: Kirsten Woods • Glasshouse Realty Group
Mls Name: DABR MLS
Mls ID: #946906