406 E 274th StEuclidOH44132
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 406 E 274th St, Euclid, OH, 44132 in Euclid is narrow, $160/mo net on $1,047/mo rent after the $607/mo debt service, but the property operates at break-even-plus, not a loss. At $134,900 with a 9.31% yield, the long-run equity case via 5% appreciation ($37,270 over five years) and $1,242/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.72 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $61,638.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.2% |
| Monthly Cash Flow | $160 | $420 |
City averages based on Euclid market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,047 |
| Total Monthly Debt Service | $834 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1952
6,838 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44132, Euclid, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,333 (100%) |
| Owner Occupied HU | 3,101 (42.3%) |
| Renter Occupied HU | 3,387 (46.2%) |
| Vacant Housing Units | 845 (11.5%) |
| Median Home Value | $131,127 |
| Average Home Value | $170,150 |
Housing Distribution
Address Breakdown
Residential
6,948
Single Family
4,769
Multi-Family
2,179
Businesses
399
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 1952
6,838 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44132, Euclid, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,333 (100%) |
| Owner Occupied HU | 3,101 (42.3%) |
| Renter Occupied HU | 3,387 (46.2%) |
| Vacant Housing Units | 845 (11.5%) |
| Median Home Value | $131,127 |
| Average Home Value | $170,150 |
Housing Distribution
Address Breakdown
Residential
6,948
Single Family
4,769
Multi-Family
2,179
Businesses
399
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices