1372 Slate Ct,Cleveland,OH,44118

Investment Highlights

Investment property for sale in Cleveland at 1372 Slate Ct, Cleveland, OH, 44118 offers a 9.59% rental yield on a $440,000 purchase with $3,516/mo rent. Total monthly income registers $3,516/mo, and a $2,154/mo payment leaves $621/mo available for distribution. Annual cash flow reaches $7,456/yr on $145,860 to close, and return on cash invested stands at 25.02% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,564 over five years. Portfolio math shows five-year ROI at 130.78% and total cumulative return in cash at $190,750. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,516/mo property income against a $2,154/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.