8088 Steven David Dr #4206StrongsvilleOH44149
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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 Strongsville at 8088 Steven David Dr #4206, Strongsville, OH, 44149 offers a 9.22% rental yield on a $175,000 purchase with $1,345/mo rent. 44% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 102.51% and total cumulative return in cash at $59,467. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,345/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
$200 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 44149, Strongsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,346 (100%) |
| Owner Occupied HU | 7,184 (86.1%) |
| Renter Occupied HU | 766 ( 9.2%) |
| Vacant Housing Units | 396 ( 4.7%) |
| Median Home Value | $323,274 |
| Average Home Value | $343,366 |
Housing Distribution
Address Breakdown
Residential
8,321
Single Family
8,038
Multi-Family
283
Businesses
328
Price History
Date | Event | Price |
|---|---|---|
| 2025-05-23 | Listed for sale | $175,000 |
| 2017-03-16 | Sold | $100,000 |
| 2017-02-02 | Pending sale | $109,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-25 | $2854.00 | 0.73% | $45,570 | N/A |
| 2022-05-25 | $2833.26 | 0.79% | $45,570 | N/A |
| 2021-05-25 | $2810.92 | 16.81% | $45,570 | 32.05% |
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Facts & Features
General Information
- Type: Condo
- Year Built: 1979
- Architectural Style: N/A
- Building Area: 1,428
- Living Area: 1,428 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Electric, Heat Pump
- Cooling: Central Air
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Attached, Drain, Direct Access, Garage, Paved, Water Available
Location
- City: Strongsville
- State: OH
- Subdivision: Creekside Condos
- Lot Size: N/A
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: $200 monthly
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Maintenance Structure
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Jennifer M Herron-Underwood • Howard Hanna
Mls Name: MLS Now
Mls ID: #5125402