3000 Oak Park AveClevelandOH44109
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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 3000 Oak Park Ave, Cleveland, OH, 44109 earns $1,177/mo cash flow from $2,426/mo rent with a $929/mo payment. Total monthly income totals $2,426/mo, and annual cash flow totals $14,128/yr on $62,952 capital. ROI tracks 42.35% on current figures, and rental yield reads 15.33% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 223.76% and total cumulative return in cash sums $140,861. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,426/mo property income instead of your personal income.
Single Family
Built in 1929
5,039 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44109, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,452 (100%) |
| Owner Occupied HU | 8,011 (41.2%) |
| Renter Occupied HU | 8,784 (45.2%) |
| Vacant Housing Units | 2,657 (13.7%) |
| Median Home Value | $135,792 |
| Average Home Value | $177,800 |
Housing Distribution
Address Breakdown
Residential
15,908
Single Family
13,430
Multi-Family
2,478
Businesses
1,049
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