3585 Gerome CtClevelandOH44105
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
Investment Highlights
Investment property for sale in Cleveland at 3585 Gerome Ct, Cleveland, OH, 44105 at $182,500 posts ROI 36.11% with $817/mo cash flow from $2,052/mo rent. Total monthly income equals $2,052/mo, and annual cash flow records $9,801/yr on $60,499 to close. Return on cash invested measures 36.11% and rental yield reads 13.49% at the current $182,500. Equity gained on principal adds $1,178/yr, and 5% annual appreciation supports $50,421 by year five. Five-year ROI prints 190.49% and total cumulative return in cash totals $115,246.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,052/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2013
5,253 sqft lot
$N/A/sqft
$35 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44105, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,565 (100%) |
| Owner Occupied HU | 6,705 (38.2%) |
| Renter Occupied HU | 7,511 (42.8%) |
| Vacant Housing Units | 3,349 (19.1%) |
| Median Home Value | $61,685 |
| Average Home Value | $136,807 |
Housing Distribution
Address Breakdown
Residential
12,835
Single Family
12,265
Multi-Family
570
Businesses
756
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Smedira • EXP Realty, LLC.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5121326
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