8706 Stearns RdOlmsted TownshipOH44138
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 Township at 8706 Stearns Rd, Olmsted Township, OH, 44138 earns $232/mo cash flow from $1,330/mo rent with a $817/mo payment. Total monthly income totals $1,330/mo, and annual cash flow totals $2,783/yr on $55,361 capital. ROI tracks 24.94% on current figures, and rental yield reads 9.56% at a $167,000 purchase. Equity gained on principal adds $1,078/yr, and 5% annual appreciation supports $46,139 over five years. Five-year ROI reaches 130.32% and total cumulative return in cash sums $72,147. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,330/mo property income instead of your personal income.
Single Family
Built in 1927
0.91 Acres lot
$N/A/sqft
No 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: John J Lynch • Keller Williams Citywide
Mls Name: MLS Now
Mls ID: #5155408