Sl 2 Hidden Ridge RdNorth RoyaltonOH44133
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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 Royalton at Sl 2 Hidden Ridge Rd, North Royalton, OH, 44133 offers $1,645/mo rent that, after a $6,837/mo payment. Total monthly income is $1,645/mo. Return on cash invested measures 0.37% in year one, and rental yield stands at 1.41% at a $1,396,900 entry. Equity gained on principal adds $9,014/yr while 5% annual appreciation compounds into $385,938 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,645/mo property income versus a $6,837/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44133, North Royalton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,306 (100%) |
| Owner Occupied HU | 9,800 (68.5%) |
| Renter Occupied HU | 3,832 (26.8%) |
| Vacant Housing Units | 674 ( 4.7%) |
| Median Home Value | $300,822 |
| Average Home Value | $311,296 |
Housing Distribution
Address Breakdown
Residential
14,122
Single Family
9,939
Multi-Family
4,183
Businesses
879
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Listed by: Jennifer R Burke • Coldwell Banker Schmidt Realty
Mls Name: MLS Now
Mls ID: #5168528