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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in North Royalton at 9640 Cove Dr #A27, North Royalton, OH, 44133 generates $898/mo in rent, after a $538/mo payment. Total monthly income is $898/mo. Return on cash invested sits at 15.17% in year one, and rental yield is 9.81% on a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 81.7% and total cumulative return in cash sums $29,764. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $898/mo property income rather than buyer’s personal income.
Condo
Built in 1975
39.20 sqft lot
$N/A/sqft
$319 monthly HOA
Neighborhood data shown for ZIP Code: 44133, North Royalton, OH area.
| 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 |
Residential
14,122
Single Family
9,939
Multi-Family
4,183
Businesses
879
Date | Event | Price |
|---|---|---|
| 2025-06-19 | Listed for sale | $109,900 |
| 2025-06-14 | Listing removed | $109,900 |
| 2025-05-21 | Pending sale | $109,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-20 | $804.08 | 0.67% | $12,430 | N/A |
| 2022-06-20 | $798.72 | -1.15% | $12,430 | N/A |
| 2021-06-20 | $807.98 | 25.44% | $12,430 | 31.95% |
Listed by: Jan L Kasper • Russell Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5132927
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2025 - Multiple Listing Service, Inc. All Rights Reserved.
