2725 Hampshire Rd APT 3ClevelandOH44106
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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 Cleveland at 2725 Hampshire Rd APT 3, Cleveland, OH, 44106 uses $54,698 cash to close to unlock $17/yr annual cash flow and $1/mo monthly cash flow. Total monthly income runs $1,517/mo, and a $808/mo payment keeps the spread at $1/mo. Purchase price stands at $165,000, and rental yield measures 11.03% with $1,517/mo rent. Return on cash invested shows 19.94% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 106.99% and total cumulative return in cash records $58,523. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,517/mo property income covering a $808/mo payment rather than investor’s personal income.
Condo
Built in 1915
43.56 sqft lot
$N/A/sqft
$300 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 |
Housing Distribution
Address Breakdown
Residential
13,775
Single Family
5,649
Multi-Family
8,126
Businesses
628
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