4397 W 60th StClevelandOH44144
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 4397 W 60th St, Cleveland, OH, 44144 in Cleveland worth modelling. At $114,900 with a 9.28% gross yield, the $889/mo rent leaves $133/mo after the $517/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.72 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $31,745 by year five; $1,058/yr in principal reduction adds further equity. Total projected return: $52,334.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 8.5% |
| Monthly Cash Flow | $133 | $450 |
City averages based on Cleveland market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $889 |
| Total Monthly Debt Service | $710 |
| DSCR Ratio | 1.25x |
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 1929
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44144, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,093 (100%) |
| Owner Occupied HU | 5,637 (55.9%) |
| Renter Occupied HU | 3,753 (37.2%) |
| Vacant Housing Units | 703 ( 7.0%) |
| Median Home Value | $153,561 |
| Average Home Value | $185,194 |
Housing Distribution
Address Breakdown
Residential
10,035
Single Family
8,326
Multi-Family
1,709
Businesses
469
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 1929
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44144, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,093 (100%) |
| Owner Occupied HU | 5,637 (55.9%) |
| Renter Occupied HU | 3,753 (37.2%) |
| Vacant Housing Units | 703 ( 7.0%) |
| Median Home Value | $153,561 |
| Average Home Value | $185,194 |
Housing Distribution
Address Breakdown
Residential
10,035
Single Family
8,326
Multi-Family
1,709
Businesses
469
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices