6709 Gertrude AveClevelandOH44105
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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 6709 Gertrude Ave, Cleveland, OH, 44105 priced at $139,000 pairs $1,395/mo rent with $481/mo cash flow after a $680/mo payment. Total monthly income equals $1,395/mo, and annual cash flow comes to $5,772/yr on $46,079 invested. Return on cash invested is 32.44% in year one, and rental yield stands at 12.04% on a $139,000 basis. Equity gained on principal adds $897/yr, and 5% annual appreciation accumulates to $38,403 by year five. Five-year ROI measures 170.65% and total cumulative return in cash reaches $78,632. For financing, Ziffy Mortgage’s DSCR program evaluates $1,395/mo property income against a $680/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1920
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44105, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,565 (100%) |
| Owner Occupied HU | 6,705 (38.2%) |
| Renter Occupied HU | 7,511 (42.8%) |
| Vacant Housing Units | 3,349 (19.1%) |
| Median Home Value | $61,685 |
| Average Home Value | $136,807 |
Housing Distribution
Address Breakdown
Residential
12,835
Single Family
12,265
Multi-Family
570
Businesses
756
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