10622 Hathaway Ave,Cleveland,OH,44108

Investment Highlights

Rental property for sale in Cleveland at 10622 Hathaway Ave, Cleveland, OH, 44108 generates $1,160/mo in rent and, after a $734/mo payment, leaves $174/mo in cash flow. Total monthly income is $1,160/mo, and annual cash flow is $2,082/yr on $49,725 invested. Return on cash invested sits at 24.1% in year one, and rental yield is 9.28% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 125.86% and total cumulative return in cash sums $62,586. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,160/mo property income rather than buyer’s personal income.