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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 816 Wadsworth Rd #B-7, Medina, OH, 44256 generates $2,483/mo in rent and, after a $984/mo payment, leaves $961/mo in cash flow. Total monthly income is $2,483/mo, and annual cash flow is $11,528/yr on $66,632 invested. Return on cash invested sits at 37.21% in year one, and rental yield is 14.82% on a $201,000 entry. Equity gained on principal adds $1,297/yr, while 5% annual appreciation builds toward $55,533 over five years. Five-year ROI reaches 197.45% and total cumulative return in cash sums $131,566. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,483/mo property income rather than buyer’s personal income.
Condo
Built in 1971
43.56 sqft lot
$N/A/sqft
$200 monthly 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 |
|---|---|---|
| 2025-09-04 | Sold | $201,000 |
| 2025-09-02 | Pending sale | $209,900 |
| 2025-07-31 | Contingent | $209,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $1577.34 | 17.49% | $31,720 | N/A |
| 2023-10-16 | $1342.48 | -0.82% | $31,720 | N/A |
| 2022-10-16 | $1353.60 | 3.61% | $31,720 | 27.03% |
Listed by: Barbara Wilson • Howard Hanna
Mls Name: MLS Now
Mls ID: #5139069
