1344 W 93rd StClevelandOH44102
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
Investment Highlights
Investment property for sale in Cleveland at 1344 W 93rd St, Cleveland, OH, 44102 uses $46,377 cash to close to unlock $1,926/yr annual cash flow and $161/mo monthly cash flow. Total monthly income runs $1,081/mo, and a $685/mo payment keeps the spread at $161/mo. Purchase price stands at $139,900, and rental yield measures 9.27% with $1,081/mo rent. Return on cash invested shows 24.06% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 125.68% and total cumulative return in cash records $58,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,081/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5,919 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44102, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,477 (100%) |
| Owner Occupied HU | 6,659 (29.6%) |
| Renter Occupied HU | 12,550 (55.8%) |
| Vacant Housing Units | 3,268 (14.5%) |
| Median Home Value | $159,573 |
| Average Home Value | $227,165 |
Housing Distribution
Address Breakdown
Residential
19,043
Single Family
14,515
Multi-Family
4,528
Businesses
1,070
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices