3847 W 19th StClevelandOH44109
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 3847 W 19th St, Cleveland, OH, 44109 in Cleveland. Rental yield 3.16%. At $749,000 with 3.16% gross yield, current distributions are modest, but the 5% appreciation rate projects $206,935 in new equity by year five, complemented by $6,898/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.59) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $95,244.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.2% | 8.5% |
| Monthly Cash Flow | $(2,954) | $450 |
City averages based on Cleveland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,973 |
| Total Monthly Debt Service | $4,629 |
| DSCR Ratio | 0.43x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1921
1,764 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
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
Single Family
Built in 1921
1,764 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices