home in 3114 Vega Ave Cleveland, OH
Set in Cleveland, OH, this multifamily home provides 5 bedrooms and 2 bathrooms across 2,068 square feet.
| Price | $285,000 |
|---|
| Beds | 5 |
|---|
| Baths | 2 |
|---|
| Sqft | 2068 |
|---|
| Address | 3114 Vega Ave Cleveland, OH 44113 |
|---|
Why buy this home
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced below comparable homes.
- New to market (5 days), so expect competition.
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,045/month with 20% down at a 7.28% 30-year fixed rate. You would need about $87,622 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,560/mo |
|---|
| Property tax (new-buyer reassessed rate) | $378/mo |
|---|
| Homeowners insurance | $107/mo |
|---|
| Total monthly | $2,045/mo |
|---|
| Down payment (20%) | $57,000 |
|---|
| Income needed | $87,622/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (63 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (63/100) |
|---|
| Beats renting in | 13% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $139,623 |
|---|
| Range (10th to 90th pct) | $82,911 to $207,512 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Cleveland, OH where local data is thin.
Local home values
Typical home values in Cleveland, OH have risen about 32% over the past 5 years (+4% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto