9687 E Northwood DrOlmsted FallsOH44138
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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 Olmsted Falls at 9687 E Northwood Dr, Olmsted Falls, OH, 44138 earns $1,013/mo cash flow from $4,526/mo rent with a $2,511/mo payment. Total monthly income totals $4,526/mo, and annual cash flow totals $12,150/yr on $168,777 capital. ROI tracks 27.26% on current figures, and rental yield reads 10.59% at a $513,000 purchase. Equity gained on principal adds $3,310/yr, and 5% annual appreciation supports $141,732 over five years. Five-year ROI reaches 143.1% and total cumulative return in cash sums $241,521. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,526/mo property income instead of your personal income.
Single Family
Built in 2000
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44138, Olmsted Falls, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,137 (100%) |
| Owner Occupied HU | 7,629 (75.3%) |
| Renter Occupied HU | 2,036 (20.1%) |
| Vacant Housing Units | 472 ( 4.7%) |
| Median Home Value | $274,659 |
| Average Home Value | $287,334 |
Housing Distribution
Address Breakdown
Residential
10,176
Single Family
8,739
Multi-Family
1,437
Businesses
305
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Listed by: Heather Srodek • Howard Hanna
Mls Name: MLS Now
Mls ID: #5145450