6206 Bradley AveParmaOH44129
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 6206 Bradley Ave, Parma, OH, 44129 in Parma speaks for itself: 12.99% gross on a $199,000 price, generating $2,154/mo in rent and $845/mo in net income after the $895/mo debt service. DSCR 2.41, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,140 stacks alongside $54,980 in projected five-year appreciation and $1,833/yr in principal reduction. Projected total cumulative return: $130,206.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13% | 7.2% |
| Monthly Cash Flow | $845 | $450 |
City averages based on Parma market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,154 |
| Total Monthly Debt Service | $1,230 |
| DSCR Ratio | 1.75x |
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.
Multi Family
Built in 1923
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44129, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,757 (100%) |
| Owner Occupied HU | 8,374 (65.6%) |
| Renter Occupied HU | 3,570 (28.0%) |
| Vacant Housing Units | 813 ( 6.4%) |
| Median Home Value | $167,812 |
| Average Home Value | $206,631 |
Housing Distribution
Address Breakdown
Residential
12,631
Single Family
10,499
Multi-Family
2,132
Businesses
743
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1923
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44129, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,757 (100%) |
| Owner Occupied HU | 8,374 (65.6%) |
| Renter Occupied HU | 3,570 (28.0%) |
| Vacant Housing Units | 813 ( 6.4%) |
| Median Home Value | $167,812 |
| Average Home Value | $206,631 |
Housing Distribution
Address Breakdown
Residential
12,631
Single Family
10,499
Multi-Family
2,132
Businesses
743
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices