23050 Tracy Ave,Euclid,OH,44123

Investment Highlights

Investment property for sale in Euclid at 23050 Tracy Ave, Euclid, OH, 44123 offers a 9.02% rental yield on a $165,000 purchase with $1,240/mo rent. Total monthly income registers $1,240/mo, and a $808/mo payment leaves $154/mo available for distribution. Annual cash flow reaches $1,851/yr on $54,698 to close, and return on cash invested stands at 23.29% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 121.56% and total cumulative return in cash at $66,491. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,240/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.