3398 Ingleside RdShaker HeightsOH44122
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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 Shaker Heights at 3398 Ingleside Rd, Shaker Heights, OH, 44122 with 5% annual appreciation on a $398,000 basis while $3,326/mo rent supports operations. Total monthly income totals $3,326/mo and a $1,948/mo payment preserves $242/mo for cash returns. Annual cash flow comes to $2,909/yr on $131,937 deployed, and return on cash invested reaches 22.11% in year one. Equity gained on principal adds $2,568/yr, and five-year appreciation sums $109,960 alongside rental yield of 10.03%. Five-year ROI measures 116.73% and total cumulative return in cash totals $154,008.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,326/mo property income versus a $1,948/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44122, Beachwood, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,957 (100%) |
| Owner Occupied HU | 9,374 (55.3%) |
| Renter Occupied HU | 6,116 (36.1%) |
| Vacant Housing Units | 1,467 ( 8.7%) |
| Median Home Value | $330,080 |
| Average Home Value | $368,661 |
Housing Distribution
Address Breakdown
Residential
16,592
Single Family
10,817
Multi-Family
5,775
Businesses
2,163
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Listed by: Noelle Pangle • Howard Hanna
Mls Name: MLS Now
Mls ID: #5115253