1222 Castleton RdCleveland HeightsOH44121
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Cleveland Heights rentals match the income profile of 1222 Castleton Rd, Cleveland Heights, OH, 44121. Listed at $112,200, gross rent is $3,205/mo and net cash flow is $2,252/mo, a 34.28% yield well above national averages. DSCR 6.35 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $30,999 by year five with $1,033/yr in annual principal reduction, projecting $188,596 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 34.3% | 5.8% |
| Monthly Cash Flow | $2,252 | $285 |
City averages based on Cleveland Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,205 |
| Total Monthly Debt Service | $908 |
| DSCR Ratio | 3.53x |
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.
Single Family
Built in 1937
5,850 sqft lot
$N/A/sqft
No 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
Single Family
Built in 1937
5,850 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A