28060 Tremaine DrEuclidOH44132
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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 Euclid at 28060 Tremaine Dr, Euclid, OH, 44132 uses $51,349 cash to close to unlock $2,655/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $1,240/mo, and a $758/mo payment keeps the spread at $221/mo. Purchase price stands at $154,900, and rental yield measures 9.61% with $1,240/mo rent. Return on cash invested shows 25.08% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 131.14% and total cumulative return in cash records $67,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,240/mo property income covering a $758/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.26 Acres 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
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