11202 Forest Ave, Cleveland, OH, 44104 | $417/mo Cash Flow

For Sale

Ziffy Mortgage

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 at 11202 Forest Ave, Cleveland, OH, 44104 uses $38,123 cash to close to unlock $5,009/yr annual cash flow and $417/mo monthly cash flow. Total monthly income runs $1,174/mo, and a $563/mo payment keeps the spread at $417/mo. Purchase price stands at $115,000, and rental yield measures 12.25% with $1,174/mo rent. Return on cash invested shows 33.05% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 173.91% and total cumulative return in cash records $66,297. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,174/mo property income covering a $563/mo payment rather than investor’s personal income.

Multi Family

Built in 1922

5,662 sqft lot

$N/A/sqft

No HOA