BELLEVILLE Plan, North Ridge PointeNorth RidgevilleOH44039
Nearby investment properties with comparable rents
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 Ridgeville at BELLEVILLE Plan, North Ridge Pointe, North Ridgeville, OH, 44039 at $555,900 posts ROI 25.32% with $801/mo cash flow from $4,458/mo rent. Total monthly income equals $4,458/mo, and annual cash flow records $9,615/yr on $182,891 to close. Return on cash invested measures 25.32% and rental yield reads 9.62% at the current $555,900. Equity gained on principal adds $3,587/yr, and 5% annual appreciation supports $153,585 by year five. Five-year ROI prints 132.35% and total cumulative return in cash totals $242,054.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,458/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
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