856 Orchard RdWilloughbyOH44094
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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
Rental property for sale in Willoughby at 856 Orchard Rd, Willoughby, OH, 44094 offers $2,400/mo rent that, after a $1,385/mo payment, leaves $539/mo cash flow. Total monthly income is $2,400/mo, and annual cash flow is $6,463/yr on $93,815 cash. Return on cash invested measures 26.8% in year one, and rental yield stands at 10.18% at a $283,000 entry. Equity gained on principal adds $1,826/yr while 5% annual appreciation compounds into $78,188 by year five. Five-year ROI records 140.31% and total cumulative return in cash reaches $131,631. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $1,385/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
4,051 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44094, Willoughby, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,698 (100%) |
| Owner Occupied HU | 11,544 (61.7%) |
| Renter Occupied HU | 6,230 (33.3%) |
| Vacant Housing Units | 924 ( 4.9%) |
| Median Home Value | $298,381 |
| Average Home Value | $345,961 |
Housing Distribution
Address Breakdown
Residential
17,916
Single Family
13,373
Multi-Family
4,543
Businesses
1,508
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Listed by: Lisa K Sisko • Keller Williams Greater Metropolitan
Mls Name: MLS Now
Mls ID: #5153900