5903 Wakefield Ave, Cleveland, OH, 44102 | 8.3% Rental Yield

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,362/mo, and a $963/mo payment. Purchase price stands at $196,800, and rental yield measures 8.3% with $1,362/mo rent. Return on cash invested shows 18.23% in year one, and 5% annual appreciation builds toward $54,372 over five years. Five-year ROI reaches 95.43% and total cumulative return in cash records $62,255. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,362/mo property income covering a $963/mo payment rather than investor’s personal income.

Multi Family

Built in 1906

3,532 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 44102, Cleveland, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,477 (100%)
Owner Occupied HU	6,659 (29.6%)
Renter Occupied HU	12,550 (55.8%)
Vacant Housing Units	3,268 (14.5%)
Median Home Value	$159,573
Average Home Value	$227,165