908 Hayes AveWilloughbyOH44094
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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 Willoughby at 908 Hayes Ave, Willoughby, OH, 44094 with 5% annual appreciation on a $150,000 basis while $1,150/mo rent supports operations. Total monthly income totals $1,150/mo and a $734/mo payment preserves $162/mo for cash returns. Annual cash flow comes to $1,942/yr on $49,725 deployed, and return on cash invested reaches 23.82% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 9.2%. Five-year ROI measures 124.32% and total cumulative return in cash totals $61,818.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,150/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44094, Willoughby, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,698 (100%) |
| Owner Occupied HU | 11,544 (61.7%) |
| Renter Occupied HU | 6,230 (33.3%) |
| Vacant Housing Units | 924 ( 4.9%) |
| Median Home Value | $298,381 |
| Average Home Value | $345,961 |
Housing Distribution
Address Breakdown
Residential
17,916
Single Family
13,373
Multi-Family
4,543
Businesses
1,508
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Listed by: Judie Crockett • Howard Hanna
Mls Name: MLS Now
Mls ID: #5149128