1261 Rozelle AveEast ClevelandOH44112
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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 East Cleveland at 1261 Rozelle Ave, East Cleveland, OH, 44112 offers $4,602/mo rent that, after a $514/mo payment, leaves $3,911/mo cash flow. Total monthly income is $4,602/mo, and annual cash flow is $46,935/yr on $34,808 cash. Return on cash invested measures 154.75% in year one, and rental yield stands at 52.59% at a $105,000 entry. Equity gained on principal adds $678/yr while 5% annual appreciation compounds into $29,010 by year five. Five-year ROI records 826.55% and total cumulative return in cash reaches $287,702. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,602/mo property income versus a $514/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1902
4,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44112, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,274 (100%) |
| Owner Occupied HU | 3,453 (30.6%) |
| Renter Occupied HU | 5,344 (47.4%) |
| Vacant Housing Units | 2,477 (22.0%) |
| Median Home Value | $98,525 |
| Average Home Value | $174,796 |
Housing Distribution
Address Breakdown
Residential
9,622
Single Family
6,832
Multi-Family
2,790
Businesses
423
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Nearby investment properties with comparable prices
Listed by: Melissa A Lupton • EXP Realty, LLC.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5062600
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