1130 E 111th St,Cleveland,OH,44108

Investment Highlights

Rental property for sale in Cleveland at 1130 E 111th St, Cleveland, OH, 44108 generates $787/mo in rent and, after a $489/mo payment, leaves $130/mo in cash flow. Total monthly income is $787/mo, and annual cash flow is $1,556/yr on $33,150 invested. Return on cash invested sits at 24.6% in year one, and rental yield is 9.44% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 128.59% and total cumulative return in cash sums $42,628. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $787/mo property income rather than buyer’s personal income.