3388 Beechwood Ave, Cleveland Heights, OH, 44118 | 6.47% Rental Yield

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

Rental property for sale in Cleveland Heights at 3388 Beechwood Ave, Cleveland Heights, OH, 44118 generates $1,591/mo in rent, after a $1,444/mo payment. Total monthly income is $1,591/mo. Return on cash invested sits at 15.62% in year one, and rental yield is 6.47% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 80.38% and total cumulative return in cash sums $78,602. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,591/mo property income rather than buyer’s personal income.

Multi Family

Built in 1920

5,998 sqft lot

$N/A/sqft

No HOA