6482 Concord DrClevelandOH44134
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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 6482 Concord Dr, Cleveland, OH, 44134 earns $885/mo cash flow from $1,978/mo rent with a $526/mo payment. Total monthly income totals $1,978/mo, and annual cash flow totals $10,620/yr on $35,636 capital. ROI tracks 49.71% on current figures, and rental yield reads 22.08% at a $107,500 purchase. Equity gained on principal adds $694/yr, and 5% annual appreciation supports $29,700 over five years. Five-year ROI reaches 268.03% and total cumulative return in cash sums $95,515. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,978/mo property income instead of your personal income.
Condo
Built in 1968
1.16 Acres lot
$N/A/sqft
$386 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44134, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,247 (100%) |
| Owner Occupied HU | 12,546 (72.7%) |
| Renter Occupied HU | 3,933 (22.8%) |
| Vacant Housing Units | 768 ( 4.5%) |
| Median Home Value | $167,335 |
| Average Home Value | $194,634 |
Housing Distribution
Address Breakdown
Residential
17,030
Single Family
15,171
Multi-Family
1,859
Businesses
884
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Listed by: Patrick R Riley • Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5160137
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