2617 E 114th St,Cleveland,OH,44104

Investment Highlights

Investment property for sale in Cleveland at 2617 E 114th St, Cleveland, OH, 44104 uses $41,438 cash to close to unlock $13,171/yr annual cash flow and $1,098/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $612/mo payment keeps the spread at $1,098/mo. Purchase price stands at $125,000, and rental yield measures 18.43% with $1,920/mo rent. Return on cash invested shows 51.69% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 273.85% and total cumulative return in cash records $113,477. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $612/mo payment rather than investor’s personal income.