3953 E 71st StClevelandOH44105
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
Investment property for sale in Cleveland at 3953 E 71st St, Cleveland, OH, 44105 offers a 9.42% rental yield on a $139,000 purchase with $1,091/mo rent. Total monthly income registers $1,091/mo, and a $680/mo payment leaves $177/mo available for distribution. Annual cash flow reaches $2,124/yr on $46,079 to close, and return on cash invested stands at 24.52% in year one. Equity gained on principal adds $897/yr while 5% annual appreciation supports $38,403 over five years. Portfolio math shows five-year ROI at 128.2% and total cumulative return in cash at $59,072. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,091/mo property income against a $680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
2,700 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices