Bowman Plan, Renaissance Park at Geauga LakeAuroraOH44202
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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
Investment property for sale in Aurora at Bowman Plan, Renaissance Park at Geauga Lake, Aurora, OH, 44202 offers a 10.76% rental yield on a $343,990 purchase with $3,085/mo rent. Total monthly income registers $3,085/mo, and a $1,684/mo payment leaves $822/mo available for distribution. Annual cash flow reaches $9,863/yr on $114,033 to close, and return on cash invested stands at 28.56% in year one. Equity gained on principal adds $2,220/yr while 5% annual appreciation supports $95,038 over five years. Portfolio math shows five-year ROI at 149.72% and total cumulative return in cash at $170,735. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,085/mo property income against a $1,684/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44202, Aurora, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,208 (100%) |
| Owner Occupied HU | 7,394 (80.3%) |
| Renter Occupied HU | 1,332 (14.5%) |
| Vacant Housing Units | 482 ( 5.2%) |
| Median Home Value | $383,597 |
| Average Home Value | $431,701 |
Housing Distribution
Address Breakdown
Residential
9,208
Single Family
8,077
Multi-Family
1,131
Businesses
590
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