Columbia Plan, French Creek TrailSheffield LakeOH44054
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
Rental property for sale in Sheffield Lake at Columbia Plan, French Creek Trail, Sheffield Lake, OH, 44054 priced at $379,990 pairs $3,889/mo rent with $1,389/mo cash flow after a $1,860/mo payment. Total monthly income equals $3,889/mo, and annual cash flow comes to $16,672/yr on $125,967 invested. Return on cash invested is 33.14% in year one, and rental yield stands at 12.28% on a $379,990 basis. Equity gained on principal adds $2,452/yr, and 5% annual appreciation accumulates to $104,984 by year five. Five-year ROI measures 174.35% and total cumulative return in cash reaches $219,621. For financing, Ziffy Mortgage’s DSCR program evaluates $3,889/mo property income against a $1,860/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44054, Sheffield Lake, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,781 (100%) |
| Owner Occupied HU | 3,959 (68.5%) |
| Renter Occupied HU | 1,481 (25.6%) |
| Vacant Housing Units | 341 ( 5.9%) |
| Median Home Value | $212,593 |
| Average Home Value | $273,551 |
Housing Distribution
Address Breakdown
Residential
5,599
Single Family
5,149
Multi-Family
450
Businesses
211
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Nearby investment properties with comparable prices
Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A