2431 Queenston RdCleveland HeightsOH44118
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2431 Queenston Rd, Cleveland Heights, OH, 44118 in Cleveland Heights carries a 1.74 coverage ratio, rent of $2,545/mo is 1.74 times the $1,461/mo payment. Rental yield 9.4%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $325,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $89,792; total projected cumulative return: $121,986.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.8% |
| Monthly Cash Flow | $(60) | $285 |
City averages based on Cleveland Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,545 |
| Total Monthly Debt Service | $2,476 |
| DSCR Ratio | 1.03x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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
5,702 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
Single Family
Built in 1925
5,702 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle S McQuade • Howard Hanna
Mls Name: MLS Now
Mls ID: #5129195