1731 Taylor RdEast ClevelandOH44112
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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 East Cleveland at 1731 Taylor Rd, East Cleveland, OH, 44112 priced at $120,000 pairs $1,210/mo rent with $421/mo cash flow after a $587/mo payment. Total monthly income equals $1,210/mo, and annual cash flow comes to $5,052/yr on $39,780 invested. Return on cash invested is 32.61% in year one, and rental yield stands at 12.1% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 171.45% and total cumulative return in cash reaches $68,203. For financing, Ziffy Mortgage’s DSCR program evaluates $1,210/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1915
4,809 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44112, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,274 (100%) |
| Owner Occupied HU | 3,453 (30.6%) |
| Renter Occupied HU | 5,344 (47.4%) |
| Vacant Housing Units | 2,477 (22.0%) |
| Median Home Value | $98,525 |
| Average Home Value | $174,796 |
Housing Distribution
Address Breakdown
Residential
9,622
Single Family
6,832
Multi-Family
2,790
Businesses
423
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Listed by: Alexys Jones • Keller Williams Greater Metropolitan
Mls Name: MLS Now
Mls ID: #5170941