5164 Edenhurst RdClevelandOH44124
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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 Cleveland at 5164 Edenhurst Rd, Cleveland, OH, 44124 uses $59,670 cash to close to unlock $2,832/yr annual cash flow and $236/mo monthly cash flow. Total monthly income runs $1,420/mo, and a $881/mo payment keeps the spread at $236/mo. Purchase price stands at $179,999, and rental yield measures 9.47% with $1,420/mo rent. Return on cash invested shows 24.66% in year one, and 5% annual appreciation builds toward $49,730 over five years. Five-year ROI reaches 128.78% and total cumulative return in cash records $76,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,420/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1956
9,901 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44124, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,558 (100%) |
| Owner Occupied HU | 12,232 (62.5%) |
| Renter Occupied HU | 6,165 (31.5%) |
| Vacant Housing Units | 1,161 ( 5.9%) |
| Median Home Value | $227,452 |
| Average Home Value | $296,306 |
Housing Distribution
Address Breakdown
Residential
19,705
Single Family
13,833
Multi-Family
5,872
Businesses
1,273
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