Rental Property Investment Analysis

Investment metrics for 16821 Chatfield Ave, Cleveland, OH 44111

zillow Single Family Residence
📍 16821 Chatfield Ave, Cleveland, OH 44111
$239,900
🛏 3 bed 🚿 2 bath 📐 1,209 sqft
18 / 100
Deal Score
F High Risk Investment
Grade F · 18/100
Monthly Cash Flow
$-182
After all expenses
Cap Rate
5.32%
Below 6% threshold
Monthly Rent
$1,559/mo
Estimated
Total Expenses
$1,741/mo
All-in monthly
Cash-on-Cash
-3.95%
Low return
Annual Cash Flow
$-2,179
Per year

Break-Even Analysis

Break-Even Rent
$1,741 / mo
Minimum monthly rent needed to cover all estimated expenses

Area Lifestyle & Investment Notes

  • Established residential streets and dense housing stock provide a sense of long-term community stability for local renters.
  • Proximity to major transit arteries allows for efficient commuting to downtown employment centers and regional business hubs.
  • Accessible retail and service corridors throughout the neighborhood support essential daily needs and enhance overall tenant convenience.

Key Takeaway

Investor Summary
Under current assumptions, this property is a high-risk rental investment (18/100) with a negative cash flow of $-182/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 16821 Chatfield Ave, Cleveland, OH 44111 is listed at $239,900 with 3 bed / 2 bath and 1,209 sq ft.

The estimated monthly rent is $1,559, generating a negative monthly cash flow of $-182 after all expenses — including mortgage, taxes, insurance, maintenance, and vacancy reserves.

The cap rate is 5.32% and the cash-on-cash return is -3.95%. This deal received a score of 18/100 (Grade F: High Risk Investment).

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