LYNDHURST Plan, The Crossing at French Creek ReserveNorth 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 LYNDHURST Plan, The Crossing at French Creek Reserve, North Ridgeville, OH, 44039 priced at $530,900 converts $2,640/mo rent into after a $2,598/mo obligation. Total monthly income equals $2,640/mo. Return on cash invested prints 14.21% in year one, and rental yield reads 5.97% against a $530,900 entry. Equity gained on principal adds $3,426/yr, while 5% annual appreciation compiles into $146,678 by year five. Five-year ROI reaches 72.76% and total cumulative return in cash sums $127,093. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $2,598/mo payment, not borrower’s personal income.
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 • Drees Homes
Mls Name: Drees Homes
Mls Provider:
Mls ID: #N/A