








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Medina at 7646 Spencer Lake Rd, Medina, OH, 44256 generates $2,285/mo in rent and, after a $1,689/mo payment, leaves $15/mo in cash flow. Total monthly income is $2,285/mo, and annual cash flow is $183/yr on $114,368 invested. Return on cash invested sits at 20.07% in year one, and rental yield is 7.95% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 104.24% and total cumulative return in cash sums $119,212. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,285/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
4.02 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 44256, Medina, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,490 (100%) |
| Owner Occupied HU | 21,011 (76.4%) |
| Renter Occupied HU | 5,268 (19.2%) |
| Vacant Housing Units | 1,211 ( 4.4%) |
| Median Home Value | $336,289 |
| Average Home Value | $370,303 |
Residential
27,371
Single Family
25,459
Multi-Family
1,912
Businesses
1,848
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kathy Dunlap • Russell Real Estate Services
Mls Name: MLS Now
Mls ID: #5176605