9640 Cove DrNorth RoyaltonOH44133
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Nearby investment properties with comparable prices
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 North Royalton at 9640 Cove Dr, North Royalton, OH, 44133 earns from $849/mo rent with a $538/mo payment. Total monthly income totals $849/mo. ROI tracks 13.55% on current figures, and rental yield reads 9.27% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 73.04% and total cumulative return in cash sums $26,608. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $849/mo property income instead of your personal income.
Condo
Built in 1975
39.20 sqft lot
$N/A/sqft
$319 monthly HOA
More details about the property
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 |
Housing Distribution
Address Breakdown
Residential
14,122
Single Family
9,939
Multi-Family
4,183
Businesses
879
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-19 | Listed for sale | $109,900 |
| 2004-11-30 | Sold | $53,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: Condo
- Year Built: 1975
- Architectural Style: Patio Home
- Building Area: 672
- Living Area: 672 sqft
- Property Condition: Updated/Remodeled
Features & Amenities
- Heating: Electric
- Cooling: Electric
- Flooring: N/A
- Interior Features: High Speed Internet, Pantry, Storage
- Exterior Features: N/A
- Parking Features: Additional Parking, Assigned, Asphalt, Drive Through, Drain, Detached, Garage Faces Front, Garage, Garage Door Opener
Location
- City: North Royalton
- State: OH
- Subdivision: Sunrise Cove Condo
- Lot Size: 39.20 sqft
- Lot Features: Paved, Views, Waterfront
- View: Water
HOA & Fees
- HOA Fee: $319 monthly
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Association Management, Common Area Maintenance, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Reserve Fund, Snow Removal, Security, Trash, Water
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Jan L Kasper • Russell Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5132927
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