3601 Denison AveClevelandOH44109
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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 3601 Denison Ave, Cleveland, OH, 44109 offers a 12.17% rental yield on a $160,000 purchase with $1,623/mo rent. Total monthly income registers $1,623/mo, and a $783/mo payment leaves $571/mo available for distribution. Annual cash flow reaches $6,848/yr on $53,040 to close, and return on cash invested stands at 32.82% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 172.6% and total cumulative return in cash at $91,550. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,623/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
4,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44109, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,452 (100%) |
| Owner Occupied HU | 8,011 (41.2%) |
| Renter Occupied HU | 8,784 (45.2%) |
| Vacant Housing Units | 2,657 (13.7%) |
| Median Home Value | $135,792 |
| Average Home Value | $177,800 |
Housing Distribution
Address Breakdown
Residential
15,908
Single Family
13,430
Multi-Family
2,478
Businesses
1,049
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