3803 E 50th 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 3803 E 50th St, Cleveland, OH, 44105 uses $41,438 cash to close to unlock $5,887/yr annual cash flow and $491/mo monthly cash flow. Total monthly income runs $1,313/mo, and a $612/mo payment keeps the spread at $491/mo. Purchase price stands at $125,000, and rental yield measures 12.6% with $1,313/mo rent. Return on cash invested shows 34.12% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 179.62% and total cumulative return in cash records $74,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,313/mo property income covering a $612/mo payment rather than investor’s personal income.
Multi Family
Built in 1910
4,199 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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