7915 Elton AveClevelandOH44102
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
Investment Highlights
Rental property for sale in Cleveland at 7915 Elton Ave, Cleveland, OH, 44102 priced at $129,900 pairs $1,480/mo rent with $625/mo cash flow after a $636/mo payment. Total monthly income equals $1,480/mo, and annual cash flow comes to $7,504/yr on $43,062 invested. Return on cash invested is 37.33% in year one, and rental yield stands at 13.67% on a $129,900 basis. Equity gained on principal adds $838/yr, and 5% annual appreciation accumulates to $35,889 by year five. Five-year ROI measures 196.87% and total cumulative return in cash reaches $84,775. For financing, Ziffy Mortgage’s DSCR program evaluates $1,480/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
4,408 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44102, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,477 (100%) |
| Owner Occupied HU | 6,659 (29.6%) |
| Renter Occupied HU | 12,550 (55.8%) |
| Vacant Housing Units | 3,268 (14.5%) |
| Median Home Value | $159,573 |
| Average Home Value | $227,165 |
Housing Distribution
Address Breakdown
Residential
19,043
Single Family
14,515
Multi-Family
4,528
Businesses
1,070
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Listed by: Jon Legato • Century 21 DeAnna Realty
Mls Name: MLS Now
Mls Provider:
Mls ID: #5135299
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