3638 Glencairn RdShaker HeightsOH44122
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
Total monthly income runs $1,209/mo, and a $1,419/mo payment. Purchase price stands at $289,900, and rental yield measures 5% with $1,209/mo rent. Return on cash invested shows 11.19% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 56.59% and total cumulative return in cash records $54,381. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,209/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Multi Family
Built in 1928
5,998 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alexander Vinokur • Realty Now, Inc.
Mls Name: MLS Now
Mls ID: #5131966