2289 Lamberton RdCleveland HeightsOH44118
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingMost investment properties struggle to clear the 1.25x DSCR minimum. 2289 Lamberton Rd, Cleveland Heights, OH, 44118 in Cleveland Heights clears it at 1.56, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 6.65%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $129,852; $4,329/yr in principal equity; total projected return: $167,644.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 5.8% |
| Monthly Cash Flow | $(992) | $285 |
City averages based on Cleveland Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,294 |
| Total Monthly Debt Service | $3,312 |
| DSCR Ratio | 0.99x |
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.
Single Family
Built in 1925
0.31 Acres 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
Single Family
Built in 1925
0.31 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Helen Barnett • Howard Hanna
Mls Name: MLS Now
Mls ID: #5120748