10313 Mount Auburn Ave,Cleveland,OH,44104

Investment Highlights

Investment property for sale in Cleveland at 10313 Mount Auburn Ave, Cleveland, OH, 44104 offers a 9.63% rental yield on a $155,000 purchase with $1,244/mo rent. Total monthly income registers $1,244/mo, and a $759/mo payment leaves $224/mo available for distribution. Annual cash flow reaches $2,689/yr on $51,383 to close, and return on cash invested stands at 25.14% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 131.54% and total cumulative return in cash at $67,588. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,244/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.