6053 Andover BlvdGarfield 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 6053 Andover Blvd, Garfield Heights, OH, 44125 with 5% annual appreciation on a $119,900 basis while $1,057/mo rent supports operations. Total monthly income totals $1,057/mo and a $587/mo payment preserves $146/mo for cash returns. Annual cash flow comes to $1,749/yr on $39,747 deployed, and return on cash invested reaches 24.31% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,126 alongside rental yield of 10.58%. Five-year ROI measures 128.31% and total cumulative return in cash totals $51,000.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,057/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
8,759 sqft lot
$N/A/sqft
No HOA
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Listed by: Stephen B Tagliarina • Keller Williams Chervenic Rlty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5098565
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