4471 W 56th StClevelandOH44144
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 4471 W 56th St, Cleveland, OH, 44144 offers a 12.38% rental yield on a $153,000 purchase with $1,578/mo rent. Total monthly income registers $1,578/mo, and a $749/mo payment leaves $571/mo available for distribution. Annual cash flow reaches $6,857/yr on $50,720 to close, and return on cash invested stands at 33.43% in year one. Equity gained on principal adds $987/yr while 5% annual appreciation supports $42,271 over five years. Portfolio math shows five-year ROI at 175.91% and total cumulative return in cash at $89,220. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,578/mo property income against a $749/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
5,183 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