5298 E 117th StGarfield HeightsOH44125
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 5298 E 117th St, Garfield Heights, OH, 44125 in Garfield Heights is narrow, $143/mo net on $1,096/mo rent after the $652/mo debt service, but the property operates at break-even-plus, not a loss. At $144,900 with a 9.08% yield, the long-run equity case via 5% appreciation ($40,033 over five years) and $1,335/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.68 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $64,405.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $143 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,096 |
| Total Monthly Debt Service | $895 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
6,721 sqft lot
$N/A/sqft
No HOA
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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
Single Family
Built in 1950
6,721 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah M Holpuch • RE/MAX Haven Realty
Mls Name: MLS Now
Mls ID: #5151202