2480 Lee Rd, Cleveland Heights, OH, 44118 | $648/mo Cash Flow

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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 2480 Lee Rd, Cleveland Heights, OH, 44118 generates $2,352/mo in rent and, after a $1,268/mo payment, leaves $648/mo in cash flow. Total monthly income is $2,352/mo, and annual cash flow is $7,776/yr on $85,859 invested. Return on cash invested sits at 28.97% in year one, and rental yield is 10.9% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 151.98% and total cumulative return in cash sums $130,492. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,352/mo property income rather than buyer’s personal income.

Single Family

Built in 1925

0.28 Acres lot

$N/A/sqft

No HOA