10803 Detroit Ave #3AClevelandOH44102
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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
Total monthly income runs $1,440/mo, and a $1,522/mo payment. Purchase price stands at $311,000, and rental yield measures 5.56% with $1,440/mo rent. Return on cash invested shows 10.65% in year one, and 5% annual appreciation builds toward $85,924 over five years. Five-year ROI reaches 54.52% and total cumulative return in cash records $56,205. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $1,522/mo payment rather than investor’s personal income.
Townhouse
Built in 1925
0.28 Acres lot
$N/A/sqft
$1,447 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44102, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,477 (100%) |
| Owner Occupied HU | 6,659 (29.6%) |
| Renter Occupied HU | 12,550 (55.8%) |
| Vacant Housing Units | 3,268 (14.5%) |
| Median Home Value | $159,573 |
| Average Home Value | $227,165 |
Housing Distribution
Address Breakdown
Residential
19,043
Single Family
14,515
Multi-Family
4,528
Businesses
1,070
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Listed by: Mena Ruggiero • The Agency Cleveland Northcoast
Mls Name: MLS Now
Mls Provider:
Mls ID: #5085608
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