2016 Miramar Blvd, South Euclid, OH, 44121 | $919/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in South Euclid at 2016 Miramar Blvd, South Euclid, OH, 44121 uses $71,604 cash to close to unlock $11,033/yr annual cash flow and $919/mo monthly cash flow. Total monthly income runs $2,459/mo, and a $1,057/mo payment keeps the spread at $919/mo. Purchase price stands at $216,000, and rental yield measures 13.66% with $2,459/mo rent. Return on cash invested shows 35.32% in year one, and 5% annual appreciation builds toward $59,677 over five years. Five-year ROI reaches 186.73% and total cumulative return in cash records $133,707. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,459/mo property income covering a $1,057/mo payment rather than investor’s personal income.

Single Family

Built in 1951

N/A lot

$N/A/sqft

No HOA