4932 E 93rd StGarfield HeightsOH44125
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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 Garfield Heights at 4932 E 93rd St, Garfield Heights, OH, 44125 offers a 9.51% rental yield on a $124,900 purchase with $990/mo rent. Total monthly income registers $990/mo, and a $611/mo payment leaves $169/mo available for distribution. Annual cash flow reaches $2,025/yr on $41,404 to close, and return on cash invested stands at 24.8% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 129.63% and total cumulative return in cash at $53,674. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $990/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
5,802 sqft lot
$N/A/sqft
No HOA
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Listed by: Patrick R Riley • Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
Mls Name: MLS Now
Mls ID: #5148008