3181 W 82nd StClevelandOH44102
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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 3181 W 82nd St, Cleveland, OH, 44102 uses $56,355 cash to close to unlock $6,994/yr annual cash flow and $583/mo monthly cash flow. Total monthly income runs $1,701/mo, and a $832/mo payment keeps the spread at $583/mo. Purchase price stands at $170,000, and rental yield measures 12.01% with $1,701/mo rent. Return on cash invested shows 32.32% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 169.92% and total cumulative return in cash records $95,757. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,701/mo property income covering a $832/mo payment rather than investor’s personal income.
Multi Family
Built in 1927
4,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44102, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,477 (100%) |
| Owner Occupied HU | 6,659 (29.6%) |
| Renter Occupied HU | 12,550 (55.8%) |
| Vacant Housing Units | 3,268 (14.5%) |
| Median Home Value | $159,573 |
| Average Home Value | $227,165 |
Housing Distribution
Address Breakdown
Residential
19,043
Single Family
14,515
Multi-Family
4,528
Businesses
1,070
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