4915 E 88th StGarfield HeightsOH44125
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 Garfield Heights at 4915 E 88th St, Garfield Heights, OH, 44125 uses $41,106 cash to close to unlock $1,599/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $949/mo, and a $607/mo payment keeps the spread at $133/mo. Purchase price stands at $124,000, and rental yield measures 9.18% with $949/mo rent. Return on cash invested shows 23.8% in year one, and 5% annual appreciation builds toward $34,259 over five years. Five-year ROI reaches 124.31% and total cumulative return in cash records $51,099. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $949/mo property income covering a $607/mo payment rather than investor’s personal income.
Single Family
Built in 1924
4,800 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Azzam • RE/MAX Haven Realty
Mls Name: MLS Now
Mls ID: #5161987