4203 Howlett AveClevelandOH44113
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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 4203 Howlett Ave, Cleveland, OH, 44113 uses $49,725 cash to close to unlock $1,698/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $1,128/mo, and a $734/mo payment keeps the spread at $142/mo. Purchase price stands at $150,000, and rental yield measures 9.02% with $1,128/mo rent. Return on cash invested shows 23.32% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 121.69% and total cumulative return in cash records $60,510. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,128/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1920
3,510 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44113, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,526 (100%) |
| Owner Occupied HU | 2,709 (18.6%) |
| Renter Occupied HU | 9,877 (68.0%) |
| Vacant Housing Units | 1,940 (13.4%) |
| Median Home Value | $338,265 |
| Average Home Value | $347,809 |
Housing Distribution
Address Breakdown
Residential
13,021
Single Family
5,605
Multi-Family
7,416
Businesses
1,402
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