20500 Morris Ave,Euclid,OH,44123

Investment Highlights

Investment property for sale in Euclid at 20500 Morris Ave, Euclid, OH, 44123 uses $44,719 cash to close to unlock $2,147/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $1,066/mo, and a $660/mo payment keeps the spread at $179/mo. Purchase price stands at $134,900, and rental yield measures 9.48% with $1,066/mo rent. Return on cash invested shows 24.71% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 129.08% and total cumulative return in cash records $57,725. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,066/mo property income covering a $660/mo payment rather than investor’s personal income.