7550 Mayfield RdChesterlandOH44026
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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
Investment property for sale in Chesterland at 7550 Mayfield Rd, Chesterland, OH, 44026 listed at $379,000 pairs $3,000/mo rent with a $1,855/mo payment to leave $507/mo cash flow. Total monthly income runs $3,000/mo, and annual cash flow reaches $6,084/yr on $125,639 cash to close. Return on cash invested measures 24.75% in year one, and rental yield registers 9.5% at a $379,000 basis. Equity gained on principal adds $2,446/yr, and annual property appreciation at 5% supports $104,711 by year five. Five-year ROI tracks 129.36% and total cumulative return in cash totals $162,527. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $1,855/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44026, Chesterland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,593 (100%) |
| Owner Occupied HU | 4,081 (88.9%) |
| Renter Occupied HU | 315 ( 6.9%) |
| Vacant Housing Units | 197 ( 4.3%) |
| Median Home Value | $339,993 |
| Average Home Value | $350,311 |
Housing Distribution
Address Breakdown
Residential
4,396
Single Family
4,396
Multi-Family
0
Businesses
499
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Listed by: Noureddine Chehade • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5138213