743 Roberts StSheffield LakeOH44054
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 Sheffield Lake at 743 Roberts St, Sheffield Lake, OH, 44054 offers $1,270/mo rent that, after a $768/mo payment, leaves $238/mo cash flow. Total monthly income is $1,270/mo, and annual cash flow is $2,853/yr on $52,046 cash. Return on cash invested measures 25.39% in year one, and rental yield stands at 9.71% at a $157,000 entry. Equity gained on principal adds $1,013/yr while 5% annual appreciation compounds into $43,376 by year five. Five-year ROI records 132.73% and total cumulative return in cash reaches $69,080. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,270/mo property income versus a $768/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
4,760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44054, Sheffield Lake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,781 (100%) |
| Owner Occupied HU | 3,959 (68.5%) |
| Renter Occupied HU | 1,481 (25.6%) |
| Vacant Housing Units | 341 ( 5.9%) |
| Median Home Value | $212,593 |
| Average Home Value | $273,551 |
Housing Distribution
Address Breakdown
Residential
5,599
Single Family
5,149
Multi-Family
450
Businesses
211
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A