12400 Saint John 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 12400 Saint John Ave, Cleveland, OH, 44111 generates $1,179/mo in rent and, after a $734/mo payment, leaves $193/mo in cash flow. Total monthly income is $1,179/mo, and annual cash flow is $2,310/yr on $49,725 invested. Return on cash invested sits at 24.55% in year one, and rental yield is 9.43% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 128.3% and total cumulative return in cash sums $63,798. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,179/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
5,144 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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