3138 E 135thClevelandOH44120
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 3138 E 135th, Cleveland, OH, 44120 earns $127/mo cash flow from $2,326/mo rent with a $1,414/mo payment. Total monthly income totals $2,326/mo, and annual cash flow totals $1,521/yr on $95,766 capital. ROI tracks 21.5% on current figures, and rental yield reads 9.66% at a $288,888 purchase. Equity gained on principal adds $1,864/yr, and 5% annual appreciation supports $79,814 over five years. Five-year ROI reaches 113.23% and total cumulative return in cash sums $108,435. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,326/mo property income instead of your personal income.
Condo
Built in 2023
0.96 Acres lot
$N/A/sqft
$299 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44120, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,212 (100%) |
| Owner Occupied HU | 7,049 (34.9%) |
| Renter Occupied HU | 9,502 (47.0%) |
| Vacant Housing Units | 3,661 (18.1%) |
| Median Home Value | $200,216 |
| Average Home Value | $268,976 |
Housing Distribution
Address Breakdown
Residential
16,292
Single Family
11,168
Multi-Family
5,124
Businesses
826
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Nearby investment properties with comparable prices
Listed by: Latonya Oliver • HomeSmart Real Estate Momentum LLC
Mls Name: MLS Now
Mls Provider:
Mls ID: #5096863
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