1412 Ardoon St, Cleveland Heights, OH, 44121 | $822/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1492 sft

264 Finchfield Cir, Macedonia, OH, 44056

3 Bed
2 Bath
2125 sft

3326 Grovewood Ave, Parma, OH, 44134

3 Bed
1 Bath
1740 sft

5711 W 54th St, Parma, OH, 44129

3 Bed
2 Bath
- sft

2212 E 290th St, Wickliffe, OH, 44092

Nearby investment properties with comparable prices

Investment Property+ 2 more

4 Bed
2 Bath
- sft

3130 W 30th St, Cleveland, OH, 44109

4 Bed
1 Bath
1155 sft

120 Palmetto Ave, Bedford, OH, 44146

Investment Property+ 2 more

5 Bed
2 Bath
1420 sft

3300 E 145th St, Cleveland, OH, 44120

3 Bed
1 Bath
1234 sft

24570 Glenbrook Blvd, Euclid, OH, 44117

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Cleveland Heights at 1412 Ardoon St, Cleveland Heights, OH, 44121 uses $53,040 cash to close to unlock $9,860/yr annual cash flow and $822/mo monthly cash flow. Total monthly income runs $2,060/mo, and a $783/mo payment keeps the spread at $822/mo. Purchase price stands at $160,000, and rental yield measures 15.45% with $2,060/mo rent. Return on cash invested shows 38.5% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 204.6% and total cumulative return in cash records $108,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,060/mo property income covering a $783/mo payment rather than investor’s personal income.

Single Family

Built in 1925

8,712 sqft lot

$N/A/sqft

No HOA