FINLEY Plan, North Ridge PointeNorth 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
Investment property for sale in North Ridgeville at FINLEY Plan, North Ridge Pointe, North Ridgeville, OH, 44039 offers a 8.61% rental yield on a $537,900 purchase with $3,859/mo rent. Total monthly income registers $3,859/mo, and a $2,633/mo payment leaves $321/mo available for distribution. Annual cash flow reaches $3,846/yr on $176,969 to close, and return on cash invested stands at 22.23% in year one. Equity gained on principal adds $3,471/yr while 5% annual appreciation supports $148,612 over five years. Portfolio math shows five-year ROI at 115.8% and total cumulative return in cash at $204,927. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,859/mo property income against a $2,633/mo payment rather than investor’s personal income documents like W2s, Salary slips, and 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: Jill Scott • Drees Homes
Mls Name: Drees Homes
Mls Provider:
Mls ID: #N/A