Aspen Plan, River Run Landing, Elyria, OH, 44035 | $1,586/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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Aspen Plan, River Run Landing, Elyria, OH, 44035 | $1,586/mo Cash Flow | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Elyria at Aspen Plan, River Run Landing, Elyria, OH, 44035 listed at $266,990 pairs $3,342/mo rent with a $1,307/mo payment to leave $1,586/mo cash flow. Total monthly income runs $3,342/mo, and annual cash flow reaches $19,027/yr on $88,507 cash to close. Return on cash invested measures 41.41% in year one, and rental yield registers 15.02% at a $266,990 basis. Equity gained on principal adds $1,723/yr, and annual property appreciation at 5% supports $73,764 by year five. Five-year ROI tracks 218.64% and total cumulative return in cash totals $193,516. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,342/mo property income relative to a $1,307/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

The Aspen single-family home has it all. Enter the huge great room and immediately feel at home. The first floor's open concept means you are never far from the action. A cozy kitchen features an optional island; add a powder room for convenience. The entry off the garage provides a convenient spot for coats, so clutter is never an issue. Upstairs all 3 bedrooms are large and boast ample closets. A hall bath and laundry room provide total comfort. The owner's suite is the star of the home, with an en suite bath and huge walk-in closet. Experience all that The Aspen has to offer. Schedule your visit today! With a busy schedule, convenience is key! You are only 4 minutes to Route 20, which on the eastern side continues to Route 10/I-480. Chestnut Commons and Midway Market Square are just minutes away with stores like Target, Walmart, and Giant Eagle for quick shopping and grocery runs! What about a night out? Dining destinations are plentiful! Spend the evening at one of Elyria's favorite spots including Wolfey's Bistro & Pub, El Patron, and Texas Roadhouse! Outdoor enthusiasts will enjoy the local Metro Parks, including Carlisle Reservation. With 1,900 acres, it is the largest Metro Park in... *Prices shown generally refer to the base house and do not include any optional features. Photos and/or drawings of homes may show upgraded landscaping, elevations and optional features and may not represent the lowest-priced homes in the community.

Neighborhood Data

Neighborhood data shown for ZIP Code: 44035, Elyria, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	30,060 (100%)
Owner Occupied HU	17,525 (58.3%)
Renter Occupied HU	10,366 (34.5%)
Vacant Housing Units	2,169 ( 7.2%)
Median Home Value	$163,574
Average Home Value	$187,977