1358 W 89th StClevelandOH44102
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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 1358 W 89th St, Cleveland, OH, 44102 earns $4,608/mo cash flow from $6,390/mo rent with a $1,257/mo payment. Total monthly income totals $6,390/mo, and annual cash flow totals $55,294/yr on $85,162 capital. ROI tracks 84.84% on current figures, and rental yield reads 29.85% at a $256,900 purchase. Equity gained on principal adds $1,658/yr, and 5% annual appreciation supports $70,977 over five years. Five-year ROI reaches 452.01% and total cumulative return in cash sums $384,940. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,390/mo property income instead of your personal income.
Single Family
Built in 1900
4,386 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
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