77 Maple Spring DrPainesvilleOH44077
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
Investment property for sale in Painesville at 77 Maple Spring Dr, Painesville, OH, 44077 with 5% annual appreciation on a $207,000 basis while $2,027/mo rent supports operations. Total monthly income totals $2,027/mo and a $1,013/mo payment preserves $547/mo for cash returns. Annual cash flow comes to $6,561/yr on $68,621 deployed, and return on cash invested reaches 29.47% in year one. Equity gained on principal adds $1,336/yr, and five-year appreciation sums $57,190 alongside rental yield of 11.75%. Five-year ROI measures 155.37% and total cumulative return in cash totals $106,618.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,027/mo property income versus a $1,013/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2019
962.68 sqft lot
$N/A/sqft
$90 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44077, Painesville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,374 (100%) |
| Owner Occupied HU | 17,667 (69.6%) |
| Renter Occupied HU | 6,312 (24.9%) |
| Vacant Housing Units | 1,395 ( 5.5%) |
| Median Home Value | $257,846 |
| Average Home Value | $298,922 |
Housing Distribution
Address Breakdown
Residential
24,650
Single Family
23,364
Multi-Family
1,286
Businesses
1,304
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Thorne • Platinum Real Estate
Mls Name: MLS Now
Mls Provider:
Mls ID: #5133626
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.