7243 Spieth RdMedinaOH44256
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 Medina at 7243 Spieth Rd, Medina, OH, 44256 with 5% annual appreciation on a $259,500 basis while $2,100/mo rent supports operations. Total monthly income totals $2,100/mo and a $1,270/mo payment preserves $393/mo for cash returns. Annual cash flow comes to $4,718/yr on $86,024 deployed, and return on cash invested reaches 25.39% in year one. Equity gained on principal adds $1,675/yr, and five-year appreciation sums $71,695 alongside rental yield of 9.71%. Five-year ROI measures 132.82% and total cumulative return in cash totals $114,257.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,100/mo property income versus a $1,270/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44256, Medina, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,490 (100%) |
| Owner Occupied HU | 21,011 (76.4%) |
| Renter Occupied HU | 5,268 (19.2%) |
| Vacant Housing Units | 1,211 ( 4.4%) |
| Median Home Value | $336,289 |
| Average Home Value | $370,303 |
Housing Distribution
Address Breakdown
Residential
27,371
Single Family
25,459
Multi-Family
1,912
Businesses
1,848
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices