S/l 6a South Pointe LnClevelandOH44130
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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 S/l 6a South Pointe Ln, Cleveland, OH, 44130 priced at $349,990 pairs $2,832/mo rent with $530/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,832/mo, and annual cash flow comes to $6,358/yr on $116,022 invested. Return on cash invested is 25.39% in year one, and rental yield stands at 9.71% on a $349,990 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,696 by year five. Five-year ROI measures 132.74% and total cumulative return in cash reaches $154,007. For financing, Ziffy Mortgage’s DSCR program evaluates $2,832/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44130, Cleveland, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,840 (100%) |
| Owner Occupied HU | 14,878 (62.4%) |
| Renter Occupied HU | 7,846 (32.9%) |
| Vacant Housing Units | 1,116 ( 4.7%) |
| Median Home Value | $197,867 |
| Average Home Value | $222,683 |
Housing Distribution
Address Breakdown
Residential
24,070
Single Family
16,906
Multi-Family
7,164
Businesses
1,702
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