10010 Pierpont Ave,Cleveland,OH,44108

Investment Highlights

Investment property for sale in Cleveland at 10010 Pierpont Ave, Cleveland, OH, 44108 uses $43,062 cash to close to unlock $1,780/yr annual cash flow and $148/mo monthly cash flow. Total monthly income runs $1,003/mo, and a $636/mo payment keeps the spread at $148/mo. Purchase price stands at $129,900, and rental yield measures 9.27% with $1,003/mo rent. Return on cash invested shows 24.04% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 125.59% and total cumulative return in cash records $54,079. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,003/mo property income covering a $636/mo payment rather than investor’s personal income.