7402 Smokey RdBerlin HeightsOH44814
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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 Berlin Heights at 7402 Smokey Rd, Berlin Heights, OH, 44814 offers $2,544/mo rent that, after a $2,619/mo payment. Total monthly income is $2,544/mo. Return on cash invested measures 13.41% in year one, and rental yield stands at 5.71% at a $535,000 entry. Equity gained on principal adds $3,452/yr while 5% annual appreciation compounds into $147,811 by year five. Five-year ROI records 68.48% and total cumulative return in cash reaches $120,532. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,544/mo property income versus a $2,619/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 2008
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44814, Berlin Heights, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,148 (100%) |
| Owner Occupied HU | 943 (82.1%) |
| Renter Occupied HU | 123 (10.7%) |
| Vacant Housing Units | 82 ( 7.1%) |
| Median Home Value | $280,019 |
| Average Home Value | $285,164 |
Housing Distribution
Address Breakdown
Residential
1,063
Single Family
1,063
Multi-Family
0
Businesses
50
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A