8385 Ridge RdNorth RoyaltonOH44133
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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 North Royalton at 8385 Ridge Rd, North Royalton, OH, 44133 with 5% annual appreciation on a $244,900 basis while $1,665/mo rent supports operations. Total monthly income totals $1,665/mo and a $1,199/mo payment preserves $54/mo for cash returns. Annual cash flow comes to $645/yr on $81,184 deployed, and return on cash invested reaches 20.7% in year one. Equity gained on principal adds $1,580/yr, and five-year appreciation sums $67,661 alongside rental yield of 8.16%. Five-year ROI measures 107.63% and total cumulative return in cash totals $87,377.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,665/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44133, North Royalton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,306 (100%) |
| Owner Occupied HU | 9,800 (68.5%) |
| Renter Occupied HU | 3,832 (26.8%) |
| Vacant Housing Units | 674 ( 4.7%) |
| Median Home Value | $300,822 |
| Average Home Value | $311,296 |
Housing Distribution
Address Breakdown
Residential
14,122
Single Family
9,939
Multi-Family
4,183
Businesses
879
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Listed by: Kiana Mack • Howard Hanna
Mls Name: MLS Now
Mls ID: #5110237