2657 Shaker RdCleveland HeightsOH44118
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow2657 Shaker Rd, Cleveland Heights, OH, 44118 in Cleveland Heights earns its strong cash-flow label: 12.66% yield, $3,692/mo rent, $836/mo net income, DSCR 2.35. The $350,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $96,699 by year five. Combined with $3,224/yr in principal paydown, total projected return reaches $189,487.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 5.8% |
| Monthly Cash Flow | $836 | $285 |
City averages based on Cleveland Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,692 |
| Total Monthly Debt Service | $2,717 |
| DSCR Ratio | 1.36x |
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
6,398 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
6,398 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cathy LeSueur • Howard Hanna
Mls Name: MLS Now
Mls ID: #5147484