5997 Engel AveClevelandOH44127
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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 5997 Engel Ave, Cleveland, OH, 44127 listed at $100,000 pairs $784/mo rent with a $489/mo payment to leave $127/mo cash flow. Total monthly income runs $784/mo, and annual cash flow reaches $1,520/yr on $33,150 cash to close. Return on cash invested measures 24.49% in year one, and rental yield registers 9.41% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 127.98% and total cumulative return in cash totals $42,424. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $784/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
10,193 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44127, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,197 (100%) |
| Owner Occupied HU | 780 (35.5%) |
| Renter Occupied HU | 966 (44.0%) |
| Vacant Housing Units | 451 (20.5%) |
| Median Home Value | $50,833 |
| Average Home Value | $90,103 |
Housing Distribution
Address Breakdown
Residential
1,682
Single Family
1,408
Multi-Family
274
Businesses
215
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