806 Ryan Rd APT 2MedinaOH44256
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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 Medina at 806 Ryan Rd APT 2, Medina, OH, 44256 uses $56,322 cash to close to unlock $2,676/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $1,341/mo, and a $832/mo payment keeps the spread at $223/mo. Purchase price stands at $169,900, and rental yield measures 9.47% with $1,341/mo rent. Return on cash invested shows 24.66% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 128.84% and total cumulative return in cash records $72,566. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,341/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 2001
1,176 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44256, Medina, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
27,371
Single Family
25,459
Multi-Family
1,912
Businesses
1,848
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