Saxony Plan, Thistle CreekChardonOH44024
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
Investment property for sale in Chardon at Saxony Plan, Thistle Creek, Chardon, OH, 44024 uses $176,673 cash to close to unlock $5,665/yr annual cash flow and $472/mo monthly cash flow. Total monthly income runs $4,025/mo, and a $2,628/mo payment keeps the spread at $472/mo. Purchase price stands at $537,000, and rental yield measures 8.99% with $4,025/mo rent. Return on cash invested shows 23.27% in year one, and 5% annual appreciation builds toward $148,363 over five years. Five-year ROI reaches 121.41% and total cumulative return in cash records $214,496. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,025/mo property income covering a $2,628/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$21 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44024, Chardon, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,862 (100%) |
| Owner Occupied HU | 7,978 (80.9%) |
| Renter Occupied HU | 1,370 (13.9%) |
| Vacant Housing Units | 514 ( 5.2%) |
| Median Home Value | $346,742 |
| Average Home Value | $348,300 |
Housing Distribution
Address Breakdown
Residential
9,733
Single Family
9,322
Multi-Family
411
Businesses
931
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
