894 London RdClevelandOH44110
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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
Investment property for sale in Cleveland at 894 London Rd, Cleveland, OH, 44110 at $130,000 posts ROI 24.84% with $177/mo cash flow from $1,032/mo rent. Total monthly income equals $1,032/mo, and annual cash flow records $2,126/yr on $43,095 to close. Return on cash invested measures 24.84% and rental yield reads 9.53% at the current $130,000. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 by year five. Five-year ROI prints 129.91% and total cumulative return in cash totals $55,983.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,032/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
6,534 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
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