2193 Rexwood Rd, Cleveland Heights, OH, 44118 | $191/mo Cash Flow

For Sale

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

Rental property for sale in Cleveland Heights at 2193 Rexwood Rd, Cleveland Heights, OH, 44118 generates $1,468/mo in rent and, after a $950/mo payment, leaves $191/mo in cash flow. Total monthly income is $1,468/mo, and annual cash flow is $2,297/yr on $64,311 invested. Return on cash invested sits at 23.48% in year one, and rental yield is 9.08% on a $194,000 entry. Equity gained on principal adds $1,252/yr, while 5% annual appreciation builds toward $53,599 over five years. Five-year ROI reaches 122.57% and total cumulative return in cash sums $78,824. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,468/mo property income rather than buyer’s personal income.

Single Family

Built in 1918

5,401 sqft lot

$N/A/sqft

No HOA