7351 Creekwood DrNorth RoyaltonOH44133
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
Rental property for sale in North Royalton at 7351 Creekwood Dr, North Royalton, OH, 44133 generates $1,485/mo in rent and, after a $1,027/mo payment, leaves $105/mo in cash flow. Total monthly income is $1,485/mo, and annual cash flow is $1,256/yr on $69,582 invested. Return on cash invested sits at 21.71% in year one, and rental yield is 8.49% on a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 113.04% and total cumulative return in cash sums $78,656. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,485/mo property income rather than buyer’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44133, North Royalton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,306 (100%) |
| Owner Occupied HU | 9,800 (68.5%) |
| Renter Occupied HU | 3,832 (26.8%) |
| Vacant Housing Units | 674 ( 4.7%) |
| Median Home Value | $300,822 |
| Average Home Value | $311,296 |
Housing Distribution
Address Breakdown
Residential
14,122
Single Family
9,939
Multi-Family
4,183
Businesses
879
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan C Sasseville • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5134912