3200 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
Rental property for sale in Cleveland at 3200 Oak Park Ave, Cleveland, OH, 44109 priced at $170,690 pairs $2,006/mo rent with $849/mo cash flow after a $835/mo payment. Total monthly income equals $2,006/mo, and annual cash flow comes to $10,188/yr on $56,584 invested. Return on cash invested is 37.91% in year one, and rental yield stands at 14.1% on a $170,690 basis. Equity gained on principal adds $1,101/yr, and 5% annual appreciation accumulates to $47,159 by year five. Five-year ROI measures 200.15% and total cumulative return in cash reaches $113,254. For financing, Ziffy Mortgage’s DSCR program evaluates $2,006/mo property income against a $835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
5,227 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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