9855 Independence DrNorth RoyaltonOH44133
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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 North Royalton at 9855 Independence Dr, North Royalton, OH, 44133 earns $766/mo cash flow from $2,017/mo rent with a $710/mo payment. Total monthly income totals $2,017/mo, and annual cash flow totals $9,191/yr on $48,068 capital. ROI tracks 39.03% on current figures, and rental yield reads 16.69% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 208.6% and total cumulative return in cash sums $100,268. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,017/mo property income instead of your personal income.
Condo
Built in 1973
39.20 sqft lot
$N/A/sqft
$297 monthly HOA
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
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Listed by: Andy Leonetti • Howard Hanna
Mls Name: MLS Now
Mls ID: #5136773