13309 Wilton AveClevelandOH44135
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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
Investment property for sale in Cleveland at 13309 Wilton Ave, Cleveland, OH, 44135 offers a 9.5% rental yield on a $129,000 purchase with $1,021/mo rent. Total monthly income registers $1,021/mo, and a $631/mo payment leaves $173/mo available for distribution. Annual cash flow reaches $2,074/yr on $42,764 to close, and return on cash invested stands at 24.76% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 129.39% and total cumulative return in cash at $55,333. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,021/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44135, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,900 (100%) |
| Owner Occupied HU | 6,818 (57.3%) |
| Renter Occupied HU | 4,179 (35.1%) |
| Vacant Housing Units | 903 ( 7.6%) |
| Median Home Value | $144,807 |
| Average Home Value | $191,083 |
Housing Distribution
Address Breakdown
Residential
11,788
Single Family
10,560
Multi-Family
1,228
Businesses
758
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