4808 Monticello BlvdRichmond HtsOH44143
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 Richmond Hts at 4808 Monticello Blvd, Richmond Hts, OH, 44143 earns $821/mo cash flow from $2,364/mo rent with a $1,113/mo payment. Total monthly income totals $2,364/mo, and annual cash flow totals $9,857/yr on $75,350 capital. ROI tracks 32.99% on current figures, and rental yield reads 12.48% at a $227,300 purchase. Equity gained on principal adds $1,467/yr, and 5% annual appreciation supports $62,799 over five years. Five-year ROI reaches 173.81% and total cumulative return in cash sums $130,967. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,364/mo property income instead of your personal income.
Single Family
Built in 1952
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44143, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,192 (100%) |
| Owner Occupied HU | 7,818 (69.9%) |
| Renter Occupied HU | 2,471 (22.1%) |
| Vacant Housing Units | 903 ( 8.1%) |
| Median Home Value | $280,301 |
| Average Home Value | $312,811 |
Housing Distribution
Address Breakdown
Residential
11,225
Single Family
9,001
Multi-Family
2,224
Businesses
724
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