10112 Columbia Ave,Cleveland,OH,44108

Investment Highlights

Investment property for sale in Cleveland at 10112 Columbia Ave, Cleveland, OH, 44108 offers a 9.32% rental yield on a $144,500 purchase with $1,122/mo rent. Total monthly income registers $1,122/mo, and a $707/mo payment leaves $172/mo available for distribution. Annual cash flow reaches $2,061/yr on $47,902 to close, and return on cash invested stands at 24.21% in year one. Equity gained on principal adds $932/yr while 5% annual appreciation supports $39,923 over five years. Portfolio math shows five-year ROI at 126.45% and total cumulative return in cash at $60,571. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,122/mo property income against a $707/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.