12209 Ingomar Ave,Cleveland,OH,44108

Investment Highlights

Rental property for sale in Cleveland at 12209 Ingomar Ave, Cleveland, OH, 44108 generates $842/mo in rent and, after a $538/mo payment, leaves $119/mo in cash flow. Total monthly income is $842/mo, and annual cash flow is $1,426/yr on $36,465 invested. Return on cash invested sits at 23.82% in year one, and rental yield is 9.19% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 124.33% and total cumulative return in cash sums $45,336. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $842/mo property income rather than buyer’s personal income.