Cumberland 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 Cumberland Plan, French Creek Trail, Sheffield Lake, OH, 44054 priced at $389,990 converts $3,384/mo rent into $819/mo cash flow after a $1,909/mo obligation. Total monthly income equals $3,384/mo, and annual cash flow totals $9,822/yr on $129,282 invested. Return on cash invested prints 27.51% in year one, and rental yield reads 10.41% against a $389,990 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation compiles into $107,747 by year five. Five-year ROI reaches 144.1% and total cumulative return in cash sums $186,293. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,384/mo property income covering a $1,909/mo payment, not borrower’s personal income.
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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Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A