9630 Cove Dr UNIT A14, North Royalton, OH, 44133 | $470/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in North Royalton at 9630 Cove Dr UNIT A14, North Royalton, OH, 44133 generates $1,193/mo in rent and, after a $538/mo payment, leaves $470/mo in cash flow. Total monthly income is $1,193/mo, and annual cash flow is $5,638/yr on $36,465 invested. Return on cash invested sits at 35.37% in year one, and rental yield is 13.01% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 186.29% and total cumulative return in cash sums $67,932. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,193/mo property income rather than buyer’s personal income.

Condo

Built in 1975

43.56 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming One bedroom condo discover your perfect retreat in this completely updated home. Fully equipped kitchen with stainless appliances, breakfast bar, pantry and loads of cupboard space. Large bedroom with plenty of natural light, two closets. Stylish full bath recently updated with contemporary fixtures and finishes. Newer carpeting throughout. In-suite laundry with space for full size washer and dryer. Sliding door to concrete patio. Secure entry and detached garage. Amenities include fishing lake, playground, sidewalks, tennis, basketball court, swimming pool and clubhouse. Near major highways, airport, shopping, dining and metro park hike and bake trails making it easy to enjoy the best the city has to offer. Maintenance fee includes water and sewer. Schedule a viewing today and make this condo your new home!! Immediate occupancy!!

Neighborhood Data

Neighborhood data shown for ZIP Code: 44133, North Royalton, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,306 (100%)
Owner Occupied HU	9,800 (68.5%)
Renter Occupied HU	3,832 (26.8%)
Vacant Housing Units	674 ( 4.7%)
Median Home Value	$300,822
Average Home Value	$311,296