2216 Barrington Rd,University Heights,OH,44118

Investment Highlights

Investment property for sale in University Heights at 2216 Barrington Rd, University Heights, OH, 44118 listed at $328,000 pairs $2,550/mo rent with a $1,605/mo payment to leave $393/mo cash flow. Total monthly income runs $2,550/mo, and annual cash flow reaches $4,714/yr on $108,732 cash to close. Return on cash invested measures 24.24% in year one, and rental yield registers 9.33% at a $328,000 basis. Equity gained on principal adds $2,117/yr, and annual property appreciation at 5% supports $90,620 by year five. Five-year ROI tracks 126.59% and total cumulative return in cash totals $137,647. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,550/mo property income relative to a $1,605/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).