2011 Villa Carabelli DrClevelandOH44106
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 2011 Villa Carabelli Dr, Cleveland, OH, 44106 in Cleveland fits: $699,900, 2.67% gross yield, and a projected 5% annual appreciation rate adding $193,369 in value within five years. Rental yield 2.67%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.50) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $6,446/yr in principal paydown and $193,369 in appreciation project a total return of $70,721.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.7% | 8.5% |
| Monthly Cash Flow | $(3,446) | $450 |
City averages based on Cleveland market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,560 |
| Total Monthly Debt Service | $4,325 |
| DSCR Ratio | 0.36x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2003
1,881 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44106, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,321 (100%) |
| Owner Occupied HU | 3,121 (20.4%) |
| Renter Occupied HU | 9,696 (63.3%) |
| Vacant Housing Units | 2,504 (16.3%) |
| Median Home Value | $320,662 |
| Average Home Value | $380,303 |
Housing Distribution
Address Breakdown
Residential
13,775
Single Family
5,649
Multi-Family
8,126
Businesses
628
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2003
1,881 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44106, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,321 (100%) |
| Owner Occupied HU | 3,121 (20.4%) |
| Renter Occupied HU | 9,696 (63.3%) |
| Vacant Housing Units | 2,504 (16.3%) |
| Median Home Value | $320,662 |
| Average Home Value | $380,303 |
Housing Distribution
Address Breakdown
Residential
13,775
Single Family
5,649
Multi-Family
8,126
Businesses
628
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
