11509 Saint Mark AveClevelandOH44111
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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 11509 Saint Mark Ave, Cleveland, OH, 44111 generates $1,233/mo in rent and, after a $763/mo payment, leaves $208/mo in cash flow. Total monthly income is $1,233/mo, and annual cash flow is $2,491/yr on $51,681 invested. Return on cash invested sits at 24.73% in year one, and rental yield is 9.49% on a $155,900 entry. Equity gained on principal adds $1,006/yr, while 5% annual appreciation builds toward $43,072 over five years. Five-year ROI reaches 129.24% and total cumulative return in cash sums $66,790. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,233/mo property income rather than buyer’s personal income.
Single Family
Built in 1923
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44111, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,686 (100%) |
| Owner Occupied HU | 9,949 (53.2%) |
| Renter Occupied HU | 7,390 (39.5%) |
| Vacant Housing Units | 1,347 ( 7.2%) |
| Median Home Value | $159,894 |
| Average Home Value | $211,421 |
Housing Distribution
Address Breakdown
Residential
17,732
Single Family
15,584
Multi-Family
2,148
Businesses
1,076
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