1524 E 204th StEuclidOH44117
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 Euclid at 1524 E 204th St, Euclid, OH, 44117 generates $1,787/mo in rent and, after a $832/mo payment, leaves $669/mo in cash flow. Total monthly income is $1,787/mo, and annual cash flow is $8,028/yr on $56,322 invested. Return on cash invested sits at 34.16% in year one, and rental yield is 12.62% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 179.78% and total cumulative return in cash sums $101,258. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,787/mo property income rather than buyer’s personal income.
Multi Family
Built in 1926
6,878 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44117, Euclid, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,453 (100%) |
| Owner Occupied HU | 2,207 (34.2%) |
| Renter Occupied HU | 3,674 (56.9%) |
| Vacant Housing Units | 572 ( 8.9%) |
| Median Home Value | $158,009 |
| Average Home Value | $172,208 |
Housing Distribution
Address Breakdown
Residential
5,446
Single Family
3,145
Multi-Family
2,301
Businesses
331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices