11305 Parkview AveClevelandOH44104
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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 Cleveland at 11305 Parkview Ave, Cleveland, OH, 44104 generates $954/mo in rent and, after a $612/mo payment, leaves $132/mo in cash flow. Total monthly income is $954/mo, and annual cash flow is $1,579/yr on $41,438 invested. Return on cash invested sits at 23.72% in year one, and rental yield is 9.16% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 123.84% and total cumulative return in cash sums $51,317. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $954/mo property income rather than buyer’s personal income.
Multi Family
Built in 1914
6,682 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Cliff Louis • Keller Williams Greater Metropolitan
Mls Name: MLS Now
Mls Provider:
Mls ID: #5100575
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