1049 Renfield Rd, Cleveland Heights, OH, 44121 | $910/mo Cash Flow

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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 Heights at 1049 Renfield Rd, Cleveland Heights, OH, 44121 earns $910/mo cash flow from $2,377/mo rent with a $1,052/mo payment. Total monthly income totals $2,377/mo, and annual cash flow totals $10,921/yr on $71,273 capital. ROI tracks 35.23% on current figures, and rental yield reads 13.27% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 185.9% and total cumulative return in cash sums $132,493. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,377/mo property income instead of your personal income.

Single Family

Built in 1949

8,250 sqft lot

$N/A/sqft

No HOA