8599 N Marks RdStrongsvilleOH44136
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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 Strongsville at 8599 N Marks Rd, Strongsville, OH, 44136 priced at $207,500 converts $2,443/mo rent into $957/mo cash flow after a $1,016/mo obligation. Total monthly income equals $2,443/mo, and annual cash flow totals $11,482/yr on $68,786 invested. Return on cash invested prints 36.6% in year one, and rental yield reads 14.13% against a $207,500 entry. Equity gained on principal adds $1,339/yr, while 5% annual appreciation compiles into $57,328 by year five. Five-year ROI reaches 193.64% and total cumulative return in cash sums $133,199. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,443/mo property income covering a $1,016/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44136, Strongsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,850 (100%) |
| Owner Occupied HU | 7,670 (70.7%) |
| Renter Occupied HU | 2,699 (24.9%) |
| Vacant Housing Units | 481 ( 4.4%) |
| Median Home Value | $280,741 |
| Average Home Value | $308,072 |
Housing Distribution
Address Breakdown
Residential
11,110
Single Family
8,362
Multi-Family
2,748
Businesses
1,216
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