3264 Altamont Ave, Cleveland Heights, OH, 44118 | $115/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cleveland Heights at 3264 Altamont Ave, Cleveland Heights, OH, 44118 listed at $229,900 pairs $1,627/mo rent with a $1,125/mo payment to leave $115/mo cash flow. Total monthly income runs $1,627/mo, and annual cash flow reaches $1,380/yr on $76,212 cash to close. Return on cash invested measures 21.72% in year one, and rental yield registers 8.49% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 113.05% and total cumulative return in cash totals $86,159. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,627/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1925

8,398 sqft lot

$N/A/sqft

No HOA