1509 Maple Rd,Cleveland Heights,OH,44121

Investment Highlights

Investment property for sale in Cleveland Heights at 1509 Maple Rd, Cleveland Heights, OH, 44121 listed at $179,900 pairs $1,376/mo rent with a $881/mo payment to leave $192/mo cash flow. Total monthly income runs $1,376/mo, and annual cash flow reaches $2,306/yr on $59,637 cash to close. Return on cash invested measures 23.78% in year one, and rental yield registers 9.18% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 124.17% and total cumulative return in cash totals $74,049. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,376/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).