9337 Hickory Ridge DrStreetsboroOH44241
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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 Streetsboro at 9337 Hickory Ridge Dr, Streetsboro, OH, 44241 generates $2,028/mo in rent and, after a $1,121/mo payment, leaves $372/mo in cash flow. Total monthly income is $2,028/mo, and annual cash flow is $4,458/yr on $75,914 invested. Return on cash invested sits at 25.78% in year one, and rental yield is 10.63% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 135.71% and total cumulative return in cash sums $103,025. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,028/mo property income rather than buyer’s personal income.
Condo
Built in 2005
3,963 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44241, Streetsboro, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,236 (100%) |
| Owner Occupied HU | 5,704 (69.3%) |
| Renter Occupied HU | 2,252 (27.3%) |
| Vacant Housing Units | 280 ( 3.4%) |
| Median Home Value | $229,850 |
| Average Home Value | $259,669 |
Housing Distribution
Address Breakdown
Residential
8,020
Single Family
7,532
Multi-Family
488
Businesses
480
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