Rental Property Investment Analysis

Investment metrics for 5636 Drake Ave, Cleveland, OH 44127

zillow Single Family
📍 5636 Drake Ave, Cleveland, OH 44127
$39,700
🛏 3 bed 🚿 1 bath 📐 1,230 sqft
20 / 100
Deal Score
F High Risk Investment
Grade F · 20/100
Monthly Cash Flow
$-64
After all expenses
Cap Rate
4.30%
Below 6% threshold
Monthly Rent
$258/mo
Estimated
Total Expenses
$322/mo
All-in monthly
Cash-on-Cash
-8.39%
Low return
Annual Cash Flow
$-766
Per year

Break-Even Analysis

Break-Even Rent
$322 / mo
Minimum monthly rent needed to cover all estimated expenses

Area Lifestyle & Investment Notes

  • Industrial roots and proximity to major regional transit arteries provide convenient access for residents working in central employment sectors.
  • The area features a dense urban residential character with access to nearby industrial green spaces and local community hubs.
  • Strategic placement near key interstate infrastructure enhances commute times for tenants balancing city life with regional job accessibility.

Key Takeaway

Investor Summary
Under current assumptions, this property is a high-risk rental investment (20/100) with a negative cash flow of $-64/mo. A meaningfully lower purchase price or stronger rent performance would likely be needed to make this deal work.

Analysis Summary

This Single Family at 5636 Drake Ave, Cleveland, OH 44127 is listed at $39,700 with 3 bed / 1 bath and 1,230 sq ft.

The estimated monthly rent is $258, generating a negative monthly cash flow of $-64 after all expenses — including mortgage, taxes, insurance, maintenance, and vacancy reserves.

The cap rate is 4.30% and the cash-on-cash return is -8.39%. This deal received a score of 20/100 (Grade F: High Risk Investment).

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