Bernstein Plan, K. Hovnanian's® Four Seasons at SandstoneElyriaOH44035
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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 Elyria at Bernstein Plan, K. Hovnanian's® Four Seasons at Sandstone, Elyria, OH, 44035 priced at $370,990 pairs $2,912/mo rent with $472/mo cash flow after a $1,816/mo payment. Total monthly income equals $2,912/mo, and annual cash flow comes to $5,658/yr on $122,983 invested. Return on cash invested is 24.51% in year one, and rental yield stands at 9.42% on a $370,990 basis. Equity gained on principal adds $2,394/yr, and 5% annual appreciation accumulates to $102,498 by year five. Five-year ROI measures 128.04% and total cumulative return in cash reaches $157,468. For financing, Ziffy Mortgage’s DSCR program evaluates $2,912/mo property income against a $1,816/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
28,707
Single Family
24,750
Multi-Family
3,957
Businesses
1,724
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