3648 E 129th StClevelandOH44105
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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 3648 E 129th St, Cleveland, OH, 44105 uses $33,150 cash to close to unlock $1,520/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $784/mo, and a $489/mo payment keeps the spread at $127/mo. Purchase price stands at $100,000, and rental yield measures 9.41% with $784/mo rent. Return on cash invested shows 24.49% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 127.98% and total cumulative return in cash records $42,424. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $784/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1926
5,998 sqft lot
$N/A/sqft
No 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
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