2164 Edgewood RdCleveland HeightsOH44118
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 2164 Edgewood Rd, Cleveland Heights, OH, 44118 in Cleveland Heights is the 1.70 coverage ratio: rent of $1,336/mo versus a $787/mo debt payment on a $175,000 property. Rental yield 9.16%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $48,349 by year five, with $1,612/yr in equity from paydown. Total projected cumulative return: $59,673.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.8% |
| Monthly Cash Flow | $(130) | $285 |
City averages based on Cleveland Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,336 |
| Total Monthly Debt Service | $1,396 |
| DSCR Ratio | 0.96x |
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.
Multi Family
Built in 1927
5,401 sqft lot
$N/A/sqft
No HOA
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
Multi Family
Built in 1927
5,401 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phillip J Serina • B2B Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5047794
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