1058 Elbon Rd, Cleveland Heights, OH, 44121 | $926/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 1058 Elbon Rd, Cleveland Heights, OH, 44121 offers a 17.11% rental yield on a $129,900 purchase with $1,852/mo rent. Total monthly income registers $1,852/mo, and a $636/mo payment leaves $926/mo available for distribution. Annual cash flow reaches $11,117/yr on $43,062 to close, and return on cash invested stands at 45.73% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 242.57% and total cumulative return in cash at $104,455. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,852/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1924

5,227 sqft lot

$N/A/sqft

No HOA