8997 Lavender LnBrecksvilleOH44141
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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
Investment property for sale in Brecksville at 8997 Lavender Ln, Brecksville, OH, 44141 listed at $682,395 pairs $1,680/mo rent with a $3,340/mo payment. Total monthly income runs $1,680/mo. Return on cash invested measures 2.8% in year one, and rental yield registers 2.95% at a $682,395 basis. Equity gained on principal adds $4,403/yr, and annual property appreciation at 5% supports $188,533 by year five. Five-year ROI tracks 12.42% and total cumulative return in cash totals $27,884. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $3,340/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2024
4,356 sqft lot
$N/A/sqft
$420 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44141, Brecksville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,161 (100%) |
| Owner Occupied HU | 5,004 (81.2%) |
| Renter Occupied HU | 756 (12.3%) |
| Vacant Housing Units | 401 ( 6.5%) |
| Median Home Value | $368,396 |
| Average Home Value | $408,081 |
Housing Distribution
Address Breakdown
Residential
6,173
Single Family
5,540
Multi-Family
633
Businesses
557
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Listed by: Suzanne Lambert • Howard Hanna
Mls Name: MLS Now
Mls ID: #5022388