7725 Lake Rd, Chippewa Lake, OH, 44215 | $637/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Chippewa Lake at 7725 Lake Rd, Chippewa Lake, OH, 44215 uses $39,780 cash to close to unlock $7,644/yr annual cash flow and $637/mo monthly cash flow. Total monthly income runs $1,426/mo, and a $587/mo payment keeps the spread at $637/mo. Purchase price stands at $120,000, and rental yield measures 14.26% with $1,426/mo rent. Return on cash invested shows 39.12% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 206.38% and total cumulative return in cash records $82,099. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,426/mo property income covering a $587/mo payment rather than investor’s personal income.

Single Family

Built in 1934

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

Why rent when you can own this charming, affordable home? Perfect for first-time buyers, downsizers, or anyone looking for a low-maintenance lifestyle, this well-maintained gem offers comfort, convenience, and surprising versatility. A bright sunroom spans the front of the homeideal as a relaxing space or easily divided to create a third bedroom or home office. The enclosed back porch has been converted into a spacious laundry/utility room for added functionality. Enjoy the warmth and efficiency of a gas fireplace that provides economical heat during cooler months. Appliances are includedwasher, dryer, refrigerator, and stovemaking this move-in ready from day one. Approximate ages: Roof 12yrs, windows 5yrs, hot water tank 9yrs, gas fireplace 3yrs. The current owner chooses to utilize the well but there is public water available at the street. This is a rare opportunity to own your own home for less than youd pay in rent. Come see the potential and make it yours today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 44215, Chippewa Lake, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,131 (100%)
Owner Occupied HU	807 (71.4%)
Renter Occupied HU	155 (13.7%)
Vacant Housing Units	169 (14.9%)
Median Home Value	$274,593
Average Home Value	$323,779