335 E 197th StEuclidOH44119
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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 Euclid at 335 E 197th St, Euclid, OH, 44119 generates $1,654/mo in rent and, after a $604/mo payment, leaves $797/mo in cash flow. Total monthly income is $1,654/mo, and annual cash flow is $9,563/yr on $40,940 invested. Return on cash invested sits at 43.27% in year one, and rental yield is 16.07% on a $123,500 entry. Equity gained on principal adds $797/yr, while 5% annual appreciation builds toward $34,121 over five years. Five-year ROI reaches 229.1% and total cumulative return in cash sums $93,794. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,654/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
4,878 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44119, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,318 (100%) |
| Owner Occupied HU | 3,073 (48.6%) |
| Renter Occupied HU | 2,337 (37.0%) |
| Vacant Housing Units | 908 (14.4%) |
| Median Home Value | $128,941 |
| Average Home Value | $163,248 |
Housing Distribution
Address Breakdown
Residential
5,443
Single Family
4,715
Multi-Family
728
Businesses
374
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Nearby investment properties with comparable prices
Listed by: Greg Lawrence • H. R. I. Realty Group
Mls Name: MLS Now
Mls Provider:
Mls ID: #5062723
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