24 E 220th St,Euclid,OH,44123

Investment Highlights

Investment property for sale in Euclid at 24 E 220th St, Euclid, OH, 44123 uses $46,377 cash to close to unlock $2,130/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $1,098/mo, and a $685/mo payment keeps the spread at $178/mo. Purchase price stands at $139,900, and rental yield measures 9.42% with $1,098/mo rent. Return on cash invested shows 24.5% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 128.01% and total cumulative return in cash records $59,367. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,098/mo property income covering a $685/mo payment rather than investor’s personal income.