(Undisclosed Address)WilloughbyOH44094
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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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 Willoughby at (Undisclosed Address), Willoughby, OH, 44094 priced at $149,900 pairs $3,384/mo rent with $2,063/mo cash flow after a $734/mo payment. Total monthly income equals $3,384/mo, and annual cash flow comes to $24,752/yr on $49,692 invested. Return on cash invested is 69.72% in year one, and rental yield stands at 27.09% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 373.41% and total cumulative return in cash reaches $185,555. For financing, Ziffy Mortgage’s DSCR program evaluates $3,384/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1977
N/A lot
$N/A/sqft
$335 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44094, Willoughby, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,698 (100%) |
| Owner Occupied HU | 11,544 (61.7%) |
| Renter Occupied HU | 6,230 (33.3%) |
| Vacant Housing Units | 924 ( 4.9%) |
| Median Home Value | $298,381 |
| Average Home Value | $345,961 |
Housing Distribution
Address Breakdown
Residential
17,916
Single Family
13,373
Multi-Family
4,543
Businesses
1,508
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Alexandra D Friel • Platinum Real Estate
Mls Name: MLS Now
Mls Provider:
Mls ID: #5056850
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