11214 N Park Pl #S/L-34, Cleveland, OH, 44104 | 2.45% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Cleveland at 11214 N Park Pl #S/L-34, Cleveland, OH, 44104 generates $1,163/mo in rent, after a $2,789/mo payment. Total monthly income is $1,163/mo. Return on cash invested sits at 2.55% in year one, and rental yield is 2.45% on a $569,900 entry. Equity gained on principal adds $3,677/yr, while 5% annual appreciation builds toward $157,453 over five years. Five-year ROI reaches 10.61% and total cumulative return in cash sums $19,890. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,163/mo property income rather than buyer’s personal income.

Condo

Built in 2024

1,265 sqft lot

$N/A/sqft

$150 monthly HOA