3040 Washington Blvd, Cleveland Heights, OH, 44118 | $419/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1437 sft

24206 Beech Ln, North Olmsted, OH, 44070

3 Bed
1 Bath
1215 sft

347 Huntmere Dr, Bay Village, OH, 44140

3 Bed
2 Bath
1404 sft

19264 Wheelers Ln #144, Strongsville, OH, 44149

4 Bed
3 Bath
2500 sft

9472 Lawnfield Dr, Twinsburg, OH, 44087

Nearby investment properties with comparable prices

3 Bed
4 Bath
1754 sft

3513 Boynton Rd, Cleveland Heights, OH, 44121

2 Bed
2 Bath
1300 sft

12500 Edgewater Dr APT 1103, Lakewood, OH, 44107

3 Bed
2 Bath
1710 sft

10000 Munich Dr, Parma, OH, 44130

3 Bed
2 Bath
1622 sft

2666 Wagar Rd, Rocky River, OH, 44116

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Cleveland Heights at 3040 Washington Blvd, Cleveland Heights, OH, 44118 earns $419/mo cash flow from $2,859/mo rent with a $1,571/mo payment. Total monthly income totals $2,859/mo, and annual cash flow totals $5,033/yr on $106,412 capital. ROI tracks 24.64% on current figures, and rental yield reads 10.69% at a $321,000 purchase. Equity gained on principal adds $2,071/yr, and 5% annual appreciation supports $88,686 over five years. Five-year ROI reaches 130.08% and total cumulative return in cash sums $138,425. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,859/mo property income instead of your personal income.

Single Family

Built in 1927

7,753 sqft lot

$N/A/sqft

No HOA