1159 E 72nd StClevelandOH44103
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1159 E 72nd St, Cleveland, OH, 44103 in Cleveland. Priced at $120,000, it generates $1,314/mo in gross rent and $525/mo in net monthly cash flow, a 13.14% yield that comfortably supports the 2.43 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,296. Five-year appreciation: $33,154. Equity from principal paydown: $1,105/yr. Total projected cumulative return: $79,449.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.1% | 8.5% |
| Monthly Cash Flow | $525 | $450 |
City averages based on Cleveland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,314 |
| Total Monthly Debt Service | $742 |
| DSCR Ratio | 1.77x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Multi Family
Built in 1910
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44103, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,793 (100%) |
| Owner Occupied HU | 2,036 (23.2%) |
| Renter Occupied HU | 4,654 (52.9%) |
| Vacant Housing Units | 2,103 (23.9%) |
| Median Home Value | $73,679 |
| Average Home Value | $162,713 |
Housing Distribution
Address Breakdown
Residential
5,859
Single Family
3,935
Multi-Family
1,924
Businesses
882
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
Multi Family
Built in 1910
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44103, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,793 (100%) |
| Owner Occupied HU | 2,036 (23.2%) |
| Renter Occupied HU | 4,654 (52.9%) |
| Vacant Housing Units | 2,103 (23.9%) |
| Median Home Value | $73,679 |
| Average Home Value | $162,713 |
Housing Distribution
Address Breakdown
Residential
5,859
Single Family
3,935
Multi-Family
1,924
Businesses
882
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices