11233 N Park Pl #23ClevelandOH44104
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play11233 N Park Pl #23, Cleveland, OH, 44104 in Cleveland is priced for appreciation, not yield. Rental yield 1.93%. At $819,900 with a 1.93% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $226,523 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.36) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $41,162.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.9% | 8.5% |
| Monthly Cash Flow | $(4,223) | $450 |
City averages based on Cleveland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,320 |
| Total Monthly Debt Service | $5,217 |
| DSCR Ratio | 0.25x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2026
1,481 sqft lot
$N/A/sqft
$150 monthly HOA
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
Townhouse
Built in 2026
1,481 sqft lot
$N/A/sqft
$150 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices