26471 Shoreview AveEuclidOH44132
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
Investment Highlights
Investment property for sale in Euclid at 26471 Shoreview Ave, Euclid, OH, 44132 uses $39,780 cash to close to unlock $1,572/yr annual cash flow and $131/mo monthly cash flow. Total monthly income runs $920/mo, and a $587/mo payment keeps the spread at $131/mo. Purchase price stands at $120,000, and rental yield measures 9.2% with $920/mo rent. Return on cash invested shows 23.86% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 124.54% and total cumulative return in cash records $49,543. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $920/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1940
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44132, Euclid, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,333 (100%) |
| Owner Occupied HU | 3,101 (42.3%) |
| Renter Occupied HU | 3,387 (46.2%) |
| Vacant Housing Units | 845 (11.5%) |
| Median Home Value | $131,127 |
| Average Home Value | $170,150 |
Housing Distribution
Address Breakdown
Residential
6,948
Single Family
4,769
Multi-Family
2,179
Businesses
399
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices