8837 Camelot DrChesterlandOH44026
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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 Chesterland at 8837 Camelot Dr, Chesterland, OH, 44026 priced at $512,500 pairs $2,653/mo rent with after a $2,508/mo payment. Total monthly income equals $2,653/mo. Return on cash invested is 14.95% in year one, and rental yield stands at 6.21% on a $512,500 basis. Equity gained on principal adds $3,307/yr, and 5% annual appreciation accumulates to $141,594 by year five. Five-year ROI measures 76.75% and total cumulative return in cash reaches $129,416. For financing, Ziffy Mortgage’s DSCR program evaluates $2,653/mo property income against a $2,508/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44026, Chesterland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,593 (100%) |
| Owner Occupied HU | 4,081 (88.9%) |
| Renter Occupied HU | 315 ( 6.9%) |
| Vacant Housing Units | 197 ( 4.3%) |
| Median Home Value | $339,993 |
| Average Home Value | $350,311 |
Housing Distribution
Address Breakdown
Residential
4,396
Single Family
4,396
Multi-Family
0
Businesses
499
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Listed by: Susan W Smith • Howard Hanna
Mls Name: MLS Now
Mls ID: #5117193