1508 Maplegrove Rd,South Euclid,OH,44121

Investment Highlights

Investment property for sale in South Euclid at 1508 Maplegrove Rd, South Euclid, OH, 44121 listed at $220,000 pairs $1,980/mo rent with a $1,077/mo payment to leave $533/mo cash flow. Total monthly income runs $1,980/mo, and annual cash flow reaches $6,392/yr on $72,930 cash to close. Return on cash invested measures 28.67% in year one, and rental yield registers 10.8% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 150.36% and total cumulative return in cash totals $109,655. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,980/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).