6307 Dibble AveClevelandOH44103
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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
Rental property for sale in Cleveland at 6307 Dibble Ave, Cleveland, OH, 44103 offers $1,362/mo rent that, after a $636/mo payment, leaves $507/mo cash flow. Total monthly income is $1,362/mo, and annual cash flow is $6,086/yr on $43,095 cash. Return on cash invested measures 34.03% in year one, and rental yield stands at 12.57% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 179.19% and total cumulative return in cash reaches $77,223. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,362/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1880
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44103, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,793 (100%) |
| Owner Occupied HU | 2,036 (23.2%) |
| Renter Occupied HU | 4,654 (52.9%) |
| Vacant Housing Units | 2,103 (23.9%) |
| Median Home Value | $73,679 |
| Average Home Value | $162,713 |
Housing Distribution
Address Breakdown
Residential
5,859
Single Family
3,935
Multi-Family
1,924
Businesses
882
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