3001 Denison 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 3001 Denison Ave, Cleveland, OH, 44109 uses $57,184 cash to close to unlock $10,063/yr annual cash flow and $839/mo monthly cash flow. Total monthly income runs $1,973/mo, and a $844/mo payment keeps the spread at $839/mo. Purchase price stands at $172,500, and rental yield measures 13.73% with $1,973/mo rent. Return on cash invested shows 37.51% in year one, and 5% annual appreciation builds toward $47,659 over five years. Five-year ROI reaches 197.77% and total cumulative return in cash records $113,090. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,973/mo property income covering a $844/mo payment rather than investor’s personal income.
Multi Family
Built in 1916
2,905 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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