18229 Neff 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 18229 Neff Rd, Cleveland, OH, 44119 earns $353/mo cash flow from $1,110/mo rent with a $563/mo payment. Total monthly income totals $1,110/mo, and annual cash flow totals $4,241/yr on $38,123 capital. ROI tracks 31.03% on current figures, and rental yield reads 11.58% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 163.11% and total cumulative return in cash sums $62,181. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,110/mo property income instead of your personal income.
Single Family
Built in 1930
7,108 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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