2194 E 80th StClevelandOH44103
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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 2194 E 80th St, Cleveland, OH, 44103 uses $39,747 cash to close to unlock $1,958/yr annual cash flow and $163/mo monthly cash flow. Total monthly income runs $952/mo, and a $587/mo payment keeps the spread at $163/mo. Purchase price stands at $119,900, and rental yield measures 9.53% with $952/mo rent. Return on cash invested shows 24.84% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 129.85% and total cumulative return in cash records $51,612. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $952/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1910
4,081 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44103, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,793 (100%) |
| Owner Occupied HU | 2,036 (23.2%) |
| Renter Occupied HU | 4,654 (52.9%) |
| Vacant Housing Units | 2,103 (23.9%) |
| Median Home Value | $73,679 |
| Average Home Value | $162,713 |
Housing Distribution
Address Breakdown
Residential
5,859
Single Family
3,935
Multi-Family
1,924
Businesses
882
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