18209 Cornwall RdClevelandOH44119
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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 18209 Cornwall Rd, Cleveland, OH, 44119 listed at $169,900 pairs $1,654/mo rent with a $832/mo payment to leave $536/mo cash flow. Total monthly income runs $1,654/mo, and annual cash flow reaches $6,432/yr on $56,322 cash to close. Return on cash invested measures 31.33% in year one, and rental yield registers 11.68% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 164.59% and total cumulative return in cash totals $92,702. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,654/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1942
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44119, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,318 (100%) |
| Owner Occupied HU | 3,073 (48.6%) |
| Renter Occupied HU | 2,337 (37.0%) |
| Vacant Housing Units | 908 (14.4%) |
| Median Home Value | $128,941 |
| Average Home Value | $163,248 |
Housing Distribution
Address Breakdown
Residential
5,443
Single Family
4,715
Multi-Family
728
Businesses
374
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