1539 E 34th StClevelandOH44114
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 1539 E 34th St, Cleveland, OH, 44114 in Cleveland. At $129,900 it earns $1,299/mo in rent and distributes $445/mo to the owner after the $616/mo payment, a consistent 12% yield. DSCR 2.11 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $35,889 in value; $1,089/yr in principal paydown compounds ownership stake. Total projected return: $75,665.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 8.5% |
| Monthly Cash Flow | $445 | $450 |
City averages based on Cleveland 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 | $1,299 |
| Total Monthly Debt Service | $834 |
| DSCR Ratio | 1.56x |
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 1885
5,279 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44114, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,917 (100%) |
| Owner Occupied HU | 378 ( 6.4%) |
| Renter Occupied HU | 3,830 (64.7%) |
| Vacant Housing Units | 1,709 (28.9%) |
| Median Home Value | $115,330 |
| Average Home Value | $184,553 |
Housing Distribution
Address Breakdown
Residential
5,519
Single Family
915
Multi-Family
4,604
Businesses
1,680
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
