9 Meadowlawn DrMentorOH44060
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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 Mentor at 9 Meadowlawn Dr, Mentor, OH, 44060 at $178,100 posts ROI 44.36% with $1,203/mo cash flow from $2,375/mo rent. Total monthly income equals $2,375/mo, and annual cash flow records $14,438/yr on $59,040 to close. Return on cash invested measures 44.36% and rental yield reads 16% at the current $178,100. Equity gained on principal adds $1,149/yr, and 5% annual appreciation supports $49,206 by year five. Five-year ROI prints 234.55% and total cumulative return in cash totals $138,476.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,375/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44060, Mentor, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,459 (100%) |
| Owner Occupied HU | 22,116 (80.5%) |
| Renter Occupied HU | 4,392 (16.0%) |
| Vacant Housing Units | 951 ( 3.5%) |
| Median Home Value | $260,396 |
| Average Home Value | $289,288 |
Housing Distribution
Address Breakdown
Residential
26,825
Single Family
25,277
Multi-Family
1,548
Businesses
2,273
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