1655 Ivydale RdCleveland HeightsOH44118
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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
Rental property for sale in Cleveland Heights at 1655 Ivydale Rd, Cleveland Heights, OH, 44118 priced at $169,900 pairs $1,335/mo rent with $183/mo cash flow after a $832/mo payment. Total monthly income equals $1,335/mo, and annual cash flow comes to $2,198/yr on $56,322 invested. Return on cash invested is 23.81% in year one, and rental yield stands at 9.43% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 124.62% and total cumulative return in cash reaches $70,190. For financing, Ziffy Mortgage’s DSCR program evaluates $1,335/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
8,398 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Amanda Dugan • HomeSmart Real Estate Momentum LLC
Mls Name: MLS Now
Mls Provider:
Mls ID: #5109536
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