2954 E 67th StClevelandOH44127
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 Cleveland at 2954 E 67th St, Cleveland, OH, 44127 uses $42,929 cash to close to unlock $5,376/yr annual cash flow and $448/mo monthly cash flow. Total monthly income runs $1,300/mo, and a $634/mo payment keeps the spread at $448/mo. Purchase price stands at $129,500, and rental yield measures 12.05% with $1,300/mo rent. Return on cash invested shows 32.43% in year one, and 5% annual appreciation builds toward $35,778 over five years. Five-year ROI reaches 170.66% and total cumulative return in cash records $73,262. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,300/mo property income covering a $634/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
2,591 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44127, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,197 (100%) |
| Owner Occupied HU | 780 (35.5%) |
| Renter Occupied HU | 966 (44.0%) |
| Vacant Housing Units | 451 (20.5%) |
| Median Home Value | $50,833 |
| Average Home Value | $90,103 |
Housing Distribution
Address Breakdown
Residential
1,682
Single Family
1,408
Multi-Family
274
Businesses
215
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices