3465 W 54th St #DOWNClevelandOH44102
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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 Cleveland at 3465 W 54th St #DOWN, Cleveland, OH, 44102 uses $107,738 cash to close to unlock $7,163/yr annual cash flow and $597/mo monthly cash flow. Total monthly income runs $2,735/mo, and a $1,591/mo payment keeps the spread at $597/mo. Purchase price stands at $325,000, and rental yield measures 10.1% with $2,735/mo rent. Return on cash invested shows 26.56% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 138.99% and total cumulative return in cash records $149,749. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,735/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Multi Family
Built in 1910
5,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44102, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,477 (100%) |
| Owner Occupied HU | 6,659 (29.6%) |
| Renter Occupied HU | 12,550 (55.8%) |
| Vacant Housing Units | 3,268 (14.5%) |
| Median Home Value | $159,573 |
| Average Home Value | $227,165 |
Housing Distribution
Address Breakdown
Residential
19,043
Single Family
14,515
Multi-Family
4,528
Businesses
1,070
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