Rental Property Investment Analysis

Investment metrics for 9112 Parmelee Ave, Cleveland, OH 44108

zillow Single Family Residence
📍 9112 Parmelee Ave, Cleveland, OH 44108
$99,900
🛏 3 bed 🚿 2 bath 📐 2,278 sqft
0 / 100
Deal Score
F High Risk Investment
Grade F · 0/100
Monthly Cash Flow
$-298
After all expenses
Cap Rate
2.64%
Below 6% threshold
Monthly Rent
$649/mo
Estimated
Total Expenses
$948/mo
All-in monthly
Cash-on-Cash
-15.58%
Low return
Annual Cash Flow
$-3,580
Per year

Break-Even Analysis

Break-Even Rent
$948 / mo
Minimum monthly rent needed to cover all estimated expenses

Area Lifestyle & Investment Notes

  • Proximity to major medical and educational employment hubs enhances the appeal for tenants seeking efficient daily commutes.
  • Established residential pockets within this corridor offer a dense urban character favored by tenants valuing regional accessibility.
  • Nearby transit infrastructure and arterial road connections provide residents with convenient access to broader metropolitan amenities and services.

Key Takeaway

Investor Summary
Under current assumptions, this property is a high-risk rental investment (0/100) with a negative cash flow of $-298/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 9112 Parmelee Ave, Cleveland, OH 44108 is listed at $99,900 with 3 bed / 2 bath and 2,278 sq ft.

The estimated monthly rent is $649, generating a negative monthly cash flow of $-298 after all expenses — including mortgage, taxes, insurance, maintenance, and vacancy reserves.

The cap rate is 2.64% and the cash-on-cash return is -15.58%. This deal received a score of 0/100 (Grade F: High Risk Investment).

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