2492 Fairmount Blvd, Cleveland Heights, OH, 44106 | Equity Gain $4,059/yr

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cleveland Heights at 2492 Fairmount Blvd, Cleveland Heights, OH, 44106 offers a 3.32% rental yield on a $629,000 purchase with $1,740/mo rent. 28% in year one. Equity gained on principal adds $4,059/yr while 5% annual appreciation supports $173,781 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,740/mo property income against a $3,079/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2006

3,833 sqft lot

$N/A/sqft

$708 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 44106, Cleveland, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,321 (100%)
Owner Occupied HU	3,121 (20.4%)
Renter Occupied HU	9,696 (63.3%)
Vacant Housing Units	2,504 (16.3%)
Median Home Value	$320,662
Average Home Value	$380,303