1003 Eddy Rd, Cleveland, OH, 44108 | $542/mo Cash Flow

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Cleveland at 1003 Eddy Rd, Cleveland, OH, 44108 uses $49,029 cash to close to unlock $6,504/yr annual cash flow and $542/mo monthly cash flow. Total monthly income runs $1,515/mo, and a $724/mo payment keeps the spread at $542/mo. Purchase price stands at $147,900, and rental yield measures 12.29% with $1,515/mo rent. Return on cash invested shows 33.18% in year one, and 5% annual appreciation builds toward $40,862 over five years. Five-year ROI reaches 174.6% and total cumulative return in cash records $85,603. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,515/mo property income covering a $724/mo payment rather than investor’s personal income.

Multi Family

Built in 1918

3,702 sqft lot

$N/A/sqft

No HOA