629 Euclid Ave #1600ClevelandOH44114
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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 629 Euclid Ave #1600, Cleveland, OH, 44114 listed at $750,000 pairs $2,303/mo rent with a $3,671/mo payment. Total monthly income runs $2,303/mo. Return on cash invested measures -0.51% in year one, and rental yield registers 3.68% at a $750,000 basis. Equity gained on principal adds $4,840/yr, and annual property appreciation at 5% supports $207,211 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,303/mo property income relative to a $3,671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1896
435.60 sqft lot
$N/A/sqft
$1,600 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44114, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,917 (100%) |
| Owner Occupied HU | 378 ( 6.4%) |
| Renter Occupied HU | 3,830 (64.7%) |
| Vacant Housing Units | 1,709 (28.9%) |
| Median Home Value | $115,330 |
| Average Home Value | $184,553 |
Housing Distribution
Address Breakdown
Residential
5,519
Single Family
915
Multi-Family
4,604
Businesses
1,680
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