2127 Marlindale Rd, Cleveland Heights, OH, 44118 | $577/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2127 Marlindale Rd, Cleveland Heights, OH, 44118 | $577/mo Cash Flow | Ziffy

For Sale

Listed for sale 3 days ago

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 Cleveland Heights at 2127 Marlindale Rd, Cleveland Heights, OH, 44118 offers a 10.2% rental yield on a $299,900 purchase with $2,550/mo rent. Total monthly income registers $2,550/mo, and a $1,468/mo payment leaves $577/mo available for distribution. Annual cash flow reaches $6,926/yr on $99,417 to close, and return on cash invested stands at 26.88% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 140.75% and total cumulative return in cash at $139,924. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,550/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1920

5,201 sqft lot

$N/A/sqft

No HOA

More details about the property

Thoughtfully renovated with durable, high-end materials! Welcome to this beautifully remodeled Colonial-style home located in the heart of Cleveland Heights. This move-in-ready property has been thoughtfully updated throughout, featuring brand-new windows, fresh exterior and interior paint, new garage doors, and a newly paved asphalt driveway. The fully fenced backyard offers privacy and includes a concrete pad, perfect for creating your own outdoor patio space. Step inside to discover brand-new hardwood flooring and a spacious, light-filled living room ideal for entertaining or relaxing. The main level continues into an inviting eat-in kitchen with a dedicated dining area, a convenient pantry room, and a stylish half bath. The second floor offers three generously sized bedrooms, all with newly installed hardwood floors and brand-new solid wood doors, along with a fully renovated full bathroom. The third floor provides an additional private primary bedroom, offering the perfect retreat or flexible living space. With modern updates and the desirable Cleveland Heights location, this home is truly a must-see. Schedule your private showing today and make this stunning property yours!