ALDEN Plan, North Ridge PointeNorth RidgevilleOH44039
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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
Rental property for sale in North Ridgeville at ALDEN Plan, North Ridge Pointe, North Ridgeville, OH, 44039 priced at $554,900 pairs $4,074/mo rent with $424/mo cash flow after a $2,716/mo payment. Total monthly income equals $4,074/mo, and annual cash flow comes to $5,087/yr on $182,562 invested. Return on cash invested is 22.85% in year one, and rental yield stands at 8.81% on a $554,900 basis. Equity gained on principal adds $3,581/yr, and 5% annual appreciation accumulates to $153,309 by year five. Five-year ROI measures 119.07% and total cumulative return in cash reaches $217,380. For financing, Ziffy Mortgage’s DSCR program evaluates $4,074/mo property income against a $2,716/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44039, North Ridgeville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,553 (100%) |
| Owner Occupied HU | 13,447 (86.5%) |
| Renter Occupied HU | 1,576 (10.1%) |
| Vacant Housing Units | 530 ( 3.4%) |
| Median Home Value | $261,243 |
| Average Home Value | $286,939 |
Housing Distribution
Address Breakdown
Residential
15,610
Single Family
15,152
Multi-Family
458
Businesses
604
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Listed by: Jill Scott • Drees Homes
Mls Name: Drees Homes
Mls Provider:
Mls ID: #N/A