720 University CtClevelandOH44113
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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 720 University Ct, Cleveland, OH, 44113 priced at $607,300 pairs $3,817/mo rent with after a $2,972/mo payment. Total monthly income equals $3,817/mo. Return on cash invested is 19% in year one, and rental yield stands at 7.54% on a $607,300 basis. Equity gained on principal adds $3,919/yr, and 5% annual appreciation accumulates to $167,786 by year five. Five-year ROI measures 98.43% and total cumulative return in cash reaches $196,656. For financing, Ziffy Mortgage’s DSCR program evaluates $3,817/mo property income against a $2,972/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
1,855 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44113, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,526 (100%) |
| Owner Occupied HU | 2,709 (18.6%) |
| Renter Occupied HU | 9,877 (68.0%) |
| Vacant Housing Units | 1,940 (13.4%) |
| Median Home Value | $338,265 |
| Average Home Value | $347,809 |
Housing Distribution
Address Breakdown
Residential
13,021
Single Family
5,605
Multi-Family
7,416
Businesses
1,402
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