9215 Yale AveClevelandOH44108
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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
Investment property for sale in Cleveland at 9215 Yale Ave, Cleveland, OH, 44108 uses $56,355 cash to close to unlock $1,870/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $1,274/mo, and a $832/mo payment keeps the spread at $156/mo. Purchase price stands at $170,000, and rental yield measures 8.99% with $1,274/mo rent. Return on cash invested shows 23.23% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 121.18% and total cumulative return in cash records $68,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,274/mo property income covering a $832/mo payment rather than investor’s personal income.
Multi Family
Built in 1915
4,447 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Mashume Akpo-Esambe • Russell Real Estate Services
Mls Name: MLS Now
Mls Provider:
Mls ID: #5132244
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