23699 Shelburne RdShaker HeightsOH44122
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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 Shaker Heights at 23699 Shelburne Rd, Shaker Heights, OH, 44122 earns $912/mo cash flow from $3,954/mo rent with a $1,953/mo payment. Total monthly income totals $3,954/mo, and annual cash flow totals $10,945/yr on $132,269 capital. ROI tracks 28.18% on current figures, and rental yield reads 11.89% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 149.13% and total cumulative return in cash sums $197,246. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,954/mo property income instead of your personal income.
Single Family
Built in 1957
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44122, Beachwood, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,957 (100%) |
| Owner Occupied HU | 9,374 (55.3%) |
| Renter Occupied HU | 6,116 (36.1%) |
| Vacant Housing Units | 1,467 ( 8.7%) |
| Median Home Value | $330,080 |
| Average Home Value | $368,661 |
Housing Distribution
Address Breakdown
Residential
16,592
Single Family
10,817
Multi-Family
5,775
Businesses
2,163
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Listed by: Adam S Kaufman • Howard Hanna
Mls Name: MLS Now
Mls ID: #5133662