1738 Coit AveClevelandOH44112
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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 Cleveland at 1738 Coit Ave, Cleveland, OH, 44112 earns $516/mo cash flow from $1,446/mo rent with a $692/mo payment. Total monthly income totals $1,446/mo, and annual cash flow totals $6,192/yr on $46,874 capital. ROI tracks 33.12% on current figures, and rental yield reads 12.27% at a $141,400 purchase. Equity gained on principal adds $912/yr, and 5% annual appreciation supports $39,066 over five years. Five-year ROI reaches 174.17% and total cumulative return in cash sums $81,642. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,446/mo property income instead of your personal income.
Multi Family
Built in 1915
5,850 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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