8613 Scenicview Dr APT 102Broadview HeightsOH44147
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 Broadview Heights at 8613 Scenicview Dr APT 102, Broadview Heights, OH, 44147 earns $513/mo cash flow from $1,980/mo rent with a $908/mo payment. Total monthly income totals $1,980/mo, and annual cash flow totals $6,154/yr on $61,493 capital. ROI tracks 29.92% on current figures, and rental yield reads 12.81% at a $185,500 purchase. Equity gained on principal adds $1,197/yr, and 5% annual appreciation supports $51,250 over five years. Five-year ROI reaches 158.75% and total cumulative return in cash sums $97,623. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,980/mo property income instead of your personal income.
Condo
Built in 1992
N/A lot
$N/A/sqft
$2,963 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44147, Broadview Heights, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,389 (100%) |
| Owner Occupied HU | 6,403 (76.3%) |
| Renter Occupied HU | 1,682 (20.1%) |
| Vacant Housing Units | 304 ( 3.6%) |
| Median Home Value | $335,986 |
| Average Home Value | $357,257 |
Housing Distribution
Address Breakdown
Residential
8,531
Single Family
6,979
Multi-Family
1,552
Businesses
660
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Nearby investment properties with comparable prices
Listed by: Joe Clemenza • Russell Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5069228
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