29234 Grand BlvdWickliffeOH44092
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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
Rental property for sale in Wickliffe at 29234 Grand Blvd, Wickliffe, OH, 44092 generates $1,853/mo in rent and, after a $809/mo payment, leaves $699/mo in cash flow. Total monthly income is $1,853/mo, and annual cash flow is $8,392/yr on $54,777 invested. Return on cash invested sits at 35.23% in year one, and rental yield is 13.46% on a $165,240 entry. Equity gained on principal adds $1,066/yr, while 5% annual appreciation builds toward $45,653 over five years. Five-year ROI reaches 186.08% and total cumulative return in cash sums $101,931. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,853/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
8,224 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44092, Wickliffe, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,336 (100%) |
| Owner Occupied HU | 5,271 (63.2%) |
| Renter Occupied HU | 2,538 (30.4%) |
| Vacant Housing Units | 527 ( 6.3%) |
| Median Home Value | $188,634 |
| Average Home Value | $248,718 |
Housing Distribution
Address Breakdown
Residential
7,919
Single Family
6,436
Multi-Family
1,483
Businesses
603
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