931 West DrSheffield LakeOH44054
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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 Sheffield Lake at 931 West Dr, Sheffield Lake, OH, 44054 earns $171/mo cash flow from $1,355/mo rent with a $881/mo payment. Total monthly income totals $1,355/mo, and annual cash flow totals $2,052/yr on $59,670 capital. ROI tracks 23.35% on current figures, and rental yield reads 9.03% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 121.78% and total cumulative return in cash sums $72,665. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,355/mo property income instead of your personal income.
Single Family
Built in 1959
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44054, Sheffield Lake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,781 (100%) |
| Owner Occupied HU | 3,959 (68.5%) |
| Renter Occupied HU | 1,481 (25.6%) |
| Vacant Housing Units | 341 ( 5.9%) |
| Median Home Value | $212,593 |
| Average Home Value | $273,551 |
Housing Distribution
Address Breakdown
Residential
5,599
Single Family
5,149
Multi-Family
450
Businesses
211
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Listed by: Ed Huck • Keller Williams Citywide
Mls Name: MLS Now
Mls ID: #5158413