Bowman Plan, Hope Pointe PlaceWestlakeOH44145
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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 Westlake at Bowman Plan, Hope Pointe Place, Westlake, OH, 44145 priced at $376,990 pairs $3,120/mo rent with $640/mo cash flow after a $1,845/mo payment. Total monthly income equals $3,120/mo, and annual cash flow comes to $7,685/yr on $124,972 invested. Return on cash invested is 26.06% in year one, and rental yield stands at 9.93% on a $376,990 basis. Equity gained on principal adds $2,433/yr, and 5% annual appreciation accumulates to $104,155 by year five. Five-year ROI measures 136.33% and total cumulative return in cash reaches $170,380. For financing, Ziffy Mortgage’s DSCR program evaluates $3,120/mo property income against a $1,845/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44145, Westlake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,446 (100%) |
| Owner Occupied HU | 10,279 (66.5%) |
| Renter Occupied HU | 4,245 (27.5%) |
| Vacant Housing Units | 922 ( 6.0%) |
| Median Home Value | $359,821 |
| Average Home Value | $428,848 |
Housing Distribution
Address Breakdown
Residential
15,581
Single Family
11,117
Multi-Family
4,464
Businesses
1,922
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