3513 Boynton RdCleveland HeightsOH44121
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 3513 Boynton Rd, Cleveland Heights, OH, 44121 in Cleveland Heights at $272,900 earns $1,980/mo in rent and nets $185/mo after the $1,227/mo payment, a 8.71% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $75,397 over five years. Ziffy Mortgage underwrites this on a 1.61 DSCR without U.S. credit history. With $2,513/yr in principal paydown, total projected return reaches $115,857.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.8% |
| Monthly Cash Flow | $185 | $285 |
City averages based on Cleveland Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,980 |
| Total Monthly Debt Service | $1,687 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1941
4,791 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1941
4,791 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise A Quiggle • McDowell Homes Real Estate Services
Mls Name: MLS Now
Mls ID: #5180006