13922 Elsetta AveClevelandOH44135
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
Rental property for sale in Cleveland at 13922 Elsetta Ave, Cleveland, OH, 44135 generates $1,202/mo in rent and, after a $734/mo payment, leaves $216/mo in cash flow. Total monthly income is $1,202/mo, and annual cash flow is $2,586/yr on $49,725 invested. Return on cash invested sits at 25.11% in year one, and rental yield is 9.62% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 131.29% and total cumulative return in cash sums $65,286. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,202/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
5,623 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices