2500 Lee Rd, Cleveland Heights, OH, 44118 | $1,484/mo Cash Flow

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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 2500 Lee Rd, Cleveland Heights, OH, 44118 priced at $296,000 converts $3,592/mo rent into $1,484/mo cash flow after a $1,449/mo obligation. Total monthly income equals $3,592/mo, and annual cash flow totals $17,813/yr on $98,124 invested. Return on cash invested prints 38.06% in year one, and rental yield reads 14.56% against a $296,000 entry. Equity gained on principal adds $1,910/yr, while 5% annual appreciation compiles into $81,779 by year five. Five-year ROI reaches 201.45% and total cumulative return in cash sums $197,668. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,592/mo property income covering a $1,449/mo payment, not borrower’s personal income.

Single Family

Built in 1921

0.28 Acres lot

$N/A/sqft

No HOA