701 E 155th StClevelandOH44110
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 701 E 155th St, Cleveland, OH, 44110 in Cleveland deserves attention. This $102,000 property earns $1,710/mo in rent, a 20.12% gross yield, and nets $1,039/mo after the $459/mo payment. DSCR 3.73 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $28,181 compounds alongside $939/yr in yearly equity build, for a total cumulative return of $105,734.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.1% | 8.5% |
| Monthly Cash Flow | $1,039 | $450 |
City averages based on Cleveland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,710 |
| Total Monthly Debt Service | $630 |
| DSCR Ratio | 2.71x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1961
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44110, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,600 (100%) |
| Owner Occupied HU | 2,915 (27.5%) |
| Renter Occupied HU | 5,556 (52.4%) |
| Vacant Housing Units | 2,129 (20.1%) |
| Median Home Value | $74,973 |
| Average Home Value | $158,381 |
Housing Distribution
Address Breakdown
Residential
8,447
Single Family
6,397
Multi-Family
2,050
Businesses
572
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1961
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44110, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,600 (100%) |
| Owner Occupied HU | 2,915 (27.5%) |
| Renter Occupied HU | 5,556 (52.4%) |
| Vacant Housing Units | 2,129 (20.1%) |
| Median Home Value | $74,973 |
| Average Home Value | $158,381 |
Housing Distribution
Address Breakdown
Residential
8,447
Single Family
6,397
Multi-Family
2,050
Businesses
572
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices