1564 Woodrow AveMayfield HeightsOH44124
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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 Mayfield Heights at 1564 Woodrow Ave, Mayfield Heights, OH, 44124 earns $232/mo cash flow from $1,384/mo rent with a $857/mo payment. Total monthly income totals $1,384/mo, and annual cash flow totals $2,789/yr on $58,013 capital. ROI tracks 24.72% on current figures, and rental yield reads 9.49% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 129.17% and total cumulative return in cash sums $74,935. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,384/mo property income instead of your personal income.
Single Family
Built in 1950
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44124, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,558 (100%) |
| Owner Occupied HU | 12,232 (62.5%) |
| Renter Occupied HU | 6,165 (31.5%) |
| Vacant Housing Units | 1,161 ( 5.9%) |
| Median Home Value | $227,452 |
| Average Home Value | $296,306 |
Housing Distribution
Address Breakdown
Residential
19,705
Single Family
13,833
Multi-Family
5,872
Businesses
1,273
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Listed by: Michael A Ferrante • Century 21 Homestar
Mls Name: MLS Now
Mls ID: #5141839