Rental Property Investment Analysis

Investment metrics for 15214 Chatfield Ave, Cleveland, OH 44111

zillow Single Family Residence
📍 15214 Chatfield Ave, Cleveland, OH 44111
$230,000
🛏 4 bed 🚿 2 bath 📐 1,323 sqft
12 / 100
Deal Score
F High Risk Investment
Grade F · 12/100
Monthly Cash Flow
$-287
After all expenses
Cap Rate
4.73%
Below 6% threshold
Monthly Rent
$1,540/mo
Estimated
Total Expenses
$1,827/mo
All-in monthly
Cash-on-Cash
-6.51%
Low return
Annual Cash Flow
$-3,445
Per year

Break-Even Analysis

Break-Even Rent
$1,827 / mo
Minimum monthly rent needed to cover all estimated expenses

Area Lifestyle & Investment Notes

  • ▸Easy access to major highway arteries provides efficient commutes to regional employment hubs for a diverse professional tenant base.
  • ▸Well-established residential blocks featuring consistent housing stock contribute to neighborhood stability and appeal for long-term rental occupants.
  • ▸Proximity to localized commercial corridors offers residents convenient access to essential services and daily retail needs within the community.

Key Takeaway

Investor Summary
Under current assumptions, this property is a high-risk rental investment (12/100) with a negative cash flow of $-287/mo. A meaningfully lower purchase price or stronger rent performance would likely be needed to make this deal work.

Analysis Summary

This Single Family Residence at 15214 Chatfield Ave, Cleveland, OH 44111 is listed at $230,000 with 4 bed / 2 bath and 1,323 sq ft.

The estimated monthly rent is $1,540, generating a negative monthly cash flow of $-287 after all expenses — including mortgage, taxes, insurance, maintenance, and vacancy reserves.

The cap rate is 4.73% and the cash-on-cash return is -6.51%. This deal received a score of 12/100 (Grade F: High Risk Investment).

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