745 Radford DrRichmond HeightsOH44143
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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 Richmond Heights at 745 Radford Dr, Richmond Heights, OH, 44143 at $285,000 posts ROI 31.7% with $928/mo cash flow from $2,822/mo rent. Total monthly income equals $2,822/mo, and annual cash flow records $11,142/yr on $94,478 to close. Return on cash invested measures 31.7% and rental yield reads 11.88% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 166.7% and total cumulative return in cash totals $157,494.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,822/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44143, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,192 (100%) |
| Owner Occupied HU | 7,818 (69.9%) |
| Renter Occupied HU | 2,471 (22.1%) |
| Vacant Housing Units | 903 ( 8.1%) |
| Median Home Value | $280,301 |
| Average Home Value | $312,811 |
Housing Distribution
Address Breakdown
Residential
11,225
Single Family
9,001
Multi-Family
2,224
Businesses
724
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Listed by: Valerie J Schefft • Howard Hanna
Mls Name: MLS Now
Mls ID: #5079182