1369 Slate CtCleveland HeightsOH44118
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingInvestors approaching the U.S. market with capital-preservation in mind will find 1369 Slate Ct, Cleveland Heights, OH, 44118 in Cleveland Heights aligned with their strategy. Rental yield 6.33%. DSCR 1.17 and 6.33% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $3,085/yr in paydown build toward a projected cumulative return of $99,517.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 5.8% |
| Monthly Cash Flow | $(437) | $285 |
City averages based on Cleveland Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,766 |
| Total Monthly Debt Service | $2,070 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 2018
2,779 sqft lot
$N/A/sqft
No HOA
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
Condo
Built in 2018
2,779 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cathy LeSueur • Howard Hanna
Mls Name: MLS Now
Mls ID: #5126224