1430 E 53rd StClevelandOH44103
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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 1430 E 53rd St, Cleveland, OH, 44103 earns $604/mo cash flow from $1,768/mo rent with a $866/mo payment. Total monthly income totals $1,768/mo, and annual cash flow totals $7,249/yr on $58,676 capital. ROI tracks 32.26% on current figures, and rental yield reads 11.99% at a $177,000 purchase. Equity gained on principal adds $1,142/yr, and 5% annual appreciation supports $48,902 over five years. Five-year ROI reaches 169.68% and total cumulative return in cash sums $99,563. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,768/mo property income instead of your personal income.
Single Family
Built in 1905
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44103, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,793 (100%) |
| Owner Occupied HU | 2,036 (23.2%) |
| Renter Occupied HU | 4,654 (52.9%) |
| Vacant Housing Units | 2,103 (23.9%) |
| Median Home Value | $73,679 |
| Average Home Value | $162,713 |
Housing Distribution
Address Breakdown
Residential
5,859
Single Family
3,935
Multi-Family
1,924
Businesses
882
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