Rental Property Investment Analysis
Investment metrics for 3124 W 11th Pl, Cleveland, OH 44109
zillow
Duplex, Multi Family
📍 3124 W 11th Pl, Cleveland, OH 44109
$220,000
🛏 4 bed
🚿 2 bath
📐 2,596 sqft
86
/ 100
Deal Score
A
Excellent Investment Opportunity
Grade A · 86/100
Monthly Cash Flow
+$332
After all expenses
Cap Rate
8.04%
Strong yield
Monthly Rent
$1,870/mo
Estimated
Total Expenses
$1,538/mo
All-in monthly
Cash-on-Cash
7.87%
Solid return
Annual Cash Flow
$3,982
Per year
Break-Even Analysis
Break-Even Rent
$1,538 / mo
Minimum monthly rent needed to cover all estimated expenses
Area Lifestyle & Investment Notes
- ▸Dense residential blocks offer a traditional urban feel that appeals to tenants seeking proximity to the city center.
- ▸Efficient access to major interstate highways ensures convenient commuting for a workforce employed throughout the greater metropolitan area.
- ▸Established retail corridors provide essential services within walking distance of many homes, enhancing the appeal for potential renters.
Key Takeaway
Investor Summary
Under current assumptions, this property is an excellent rental investment (86/100). The 8.04% cap rate and strong positive monthly cash flow of +$332/mo support a strong case for acquisition.
Analysis Summary
This Duplex, Multi Family at 3124 W 11th Pl, Cleveland, OH 44109 is listed at $220,000 with 4 bed / 2 bath and 2,596 sq ft.
The estimated monthly rent is $1,870, generating a strong positive monthly cash flow of +$332 after all expenses — including mortgage, taxes, insurance, maintenance, and vacancy reserves.
The cap rate is 8.04% and the cash-on-cash return is 7.87%. This deal received a score of 86/100 (Grade A: Excellent Investment Opportunity).
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