2048 Rossmoor Rd,Cleveland Heights,OH,44118

Investment Highlights

Investment property for sale in Cleveland Heights at 2048 Rossmoor Rd, Cleveland Heights, OH, 44118 offers a 9.34% rental yield on a $150,000 purchase with $1,168/mo rent. Total monthly income registers $1,168/mo, and a $734/mo payment leaves $182/mo available for distribution. Annual cash flow reaches $2,178/yr on $49,725 to close, and return on cash invested stands at 24.29% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 126.88% and total cumulative return in cash at $63,090. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,168/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.