650 E 260th StEuclidOH44132
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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 Euclid at 650 E 260th St, Euclid, OH, 44132 generates $1,055/mo in rent and, after a $685/mo payment, leaves $135/mo in cash flow. Total monthly income is $1,055/mo, and annual cash flow is $1,614/yr on $46,377 invested. Return on cash invested sits at 23.39% in year one, and rental yield is 9.05% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 122.08% and total cumulative return in cash sums $56,619. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,055/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44132, Euclid, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,333 (100%) |
| Owner Occupied HU | 3,101 (42.3%) |
| Renter Occupied HU | 3,387 (46.2%) |
| Vacant Housing Units | 845 (11.5%) |
| Median Home Value | $131,127 |
| Average Home Value | $170,150 |
Housing Distribution
Address Breakdown
Residential
6,948
Single Family
4,769
Multi-Family
2,179
Businesses
399
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