2221 E 76th 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
Rental property for sale in Cleveland at 2221 E 76th St, Cleveland, OH, 44103 generates $1,266/mo in rent and, after a $612/mo payment, leaves $444/mo in cash flow. Total monthly income is $1,266/mo, and annual cash flow is $5,323/yr on $41,438 invested. Return on cash invested sits at 32.76% in year one, and rental yield is 12.15% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 172.29% and total cumulative return in cash sums $71,393. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,266/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
8,350 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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