8524 Westfield Park DrOlmsted TwpOH44138
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Olmsted Twp at 8524 Westfield Park Dr, Olmsted Twp, OH, 44138 listed at $319,000 pairs $2,293/mo rent with a $1,561/mo payment to leave $122/mo cash flow. Total monthly income runs $2,293/mo, and annual cash flow reaches $1,465/yr on $105,749 cash to close. Return on cash invested measures 21.29% in year one, and rental yield registers 8.63% at a $319,000 basis. Equity gained on principal adds $2,058/yr, and annual property appreciation at 5% supports $88,134 by year five. Five-year ROI tracks 111.11% and total cumulative return in cash totals $117,493. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,293/mo property income relative to a $1,561/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
5,445 sqft lot
$N/A/sqft
$163 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44138, Olmsted Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,137 (100%) |
| Owner Occupied HU | 7,629 (75.3%) |
| Renter Occupied HU | 2,036 (20.1%) |
| Vacant Housing Units | 472 ( 4.7%) |
| Median Home Value | $274,659 |
| Average Home Value | $287,334 |
Housing Distribution
Address Breakdown
Residential
10,176
Single Family
8,739
Multi-Family
1,437
Businesses
305
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Harriet C Nash • Plum Tree Realty, LLC
Mls Name: MLS Now
Mls Provider:
Mls ID: #5127512
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.