12669 S Churchill WayClevelandOH44149
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 12669 S Churchill Way, Cleveland, OH, 44149 in Cleveland hard to pass up. The 10.95% gross yield on a $600,000 purchase results in $5,474/mo in rent and $1,474/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.03). Annual cash flow of $17,682, five-year appreciation of $165,769, and $5,526/yr in equity build-up combine for a projected total cumulative return of $323,564.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 8.5% |
| Monthly Cash Flow | $1,474 | $450 |
City averages based on Cleveland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,474 |
| Total Monthly Debt Service | $3,762 |
| DSCR Ratio | 1.46x |
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 2015
0.33 Acres lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44149, Strongsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,346 (100%) |
| Owner Occupied HU | 7,184 (86.1%) |
| Renter Occupied HU | 766 ( 9.2%) |
| Vacant Housing Units | 396 ( 4.7%) |
| Median Home Value | $323,274 |
| Average Home Value | $343,366 |
Housing Distribution
Address Breakdown
Residential
8,321
Single Family
8,038
Multi-Family
283
Businesses
328
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 2015
0.33 Acres lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44149, Strongsville, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,346 (100%) |
| Owner Occupied HU | 7,184 (86.1%) |
| Renter Occupied HU | 766 ( 9.2%) |
| Vacant Housing Units | 396 ( 4.7%) |
| Median Home Value | $323,274 |
| Average Home Value | $343,366 |
Housing Distribution
Address Breakdown
Residential
8,321
Single Family
8,038
Multi-Family
283
Businesses
328
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices