1354 Craneing RdWickliffeOH44092
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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 Wickliffe at 1354 Craneing Rd, Wickliffe, OH, 44092 offers a 9.21% rental yield on a $148,000 purchase with $1,136/mo rent. Total monthly income registers $1,136/mo, and a $724/mo payment leaves $163/mo available for distribution. Annual cash flow reaches $1,954/yr on $49,062 to close, and return on cash invested stands at 23.89% in year one. Equity gained on principal adds $955/yr while 5% annual appreciation supports $40,890 over five years. Portfolio math shows five-year ROI at 124.74% and total cumulative return in cash at $61,202. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,136/mo property income against a $724/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1912
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44092, Wickliffe, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,336 (100%) |
| Owner Occupied HU | 5,271 (63.2%) |
| Renter Occupied HU | 2,538 (30.4%) |
| Vacant Housing Units | 527 ( 6.3%) |
| Median Home Value | $188,634 |
| Average Home Value | $248,718 |
Housing Distribution
Address Breakdown
Residential
7,919
Single Family
6,436
Multi-Family
1,483
Businesses
603
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