Cumberland w/ 3-Car Garage Plan, Hampton PlaceNorth RidgevilleOH44039
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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 North Ridgeville at Cumberland w/ 3-Car Garage Plan, Hampton Place, North Ridgeville, OH, 44039 priced at $469,990 pairs $3,592/mo rent with $501/mo cash flow after a $2,300/mo payment. Total monthly income equals $3,592/mo, and annual cash flow comes to $6,010/yr on $155,802 invested. Return on cash invested is 23.77% in year one, and rental yield stands at 9.17% on a $469,990 basis. Equity gained on principal adds $3,033/yr, and 5% annual appreciation accumulates to $129,850 by year five. Five-year ROI measures 124.04% and total cumulative return in cash reaches $193,254. For financing, Ziffy Mortgage’s DSCR program evaluates $3,592/mo property income against a $2,300/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44039, North Ridgeville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,553 (100%) |
| Owner Occupied HU | 13,447 (86.5%) |
| Renter Occupied HU | 1,576 (10.1%) |
| Vacant Housing Units | 530 ( 3.4%) |
| Median Home Value | $261,243 |
| Average Home Value | $286,939 |
Housing Distribution
Address Breakdown
Residential
15,610
Single Family
15,152
Multi-Family
458
Businesses
604
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Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A