19706 Lorain Rd,Cleveland,OH,44126

Investment Highlights

Rental property for sale in Cleveland at 19706 Lorain Rd, Cleveland, OH, 44126 generates $1,799/mo in rent and, after a $979/mo payment, leaves $185/mo in cash flow. Total monthly income is $1,799/mo, and annual cash flow is $2,224/yr on $66,300 invested. Return on cash invested sits at 23.26% in year one, and rental yield is 10.79% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 123.34% and total cumulative return in cash sums $81,776. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,799/mo property income rather than buyer’s personal income.