1538-1540 E 204th StEuclidOH44117
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1538-1540 E 204th St, Euclid, OH, 44117 in Euclid is a top-tier cash-flow asset. At $217,000 it produces $2,274/mo in rent and $847/mo in net monthly income, a 12.58% gross rental yield. The DSCR of 2.21 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $10,159. Five-year appreciation adds $59,953, driving a total cumulative return of $133,039.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 7.2% |
| Monthly Cash Flow | $847 | $420 |
City averages based on Euclid market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,274 |
| Total Monthly Debt Service | $1,394 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1927
7,122 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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
