2818 Scarborough Rd, Cleveland Heights, OH, 44118 | 6.8% Rental Yield

For Sale

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 2818 Scarborough Rd, Cleveland Heights, OH, 44118 priced at $450,000 converts $2,550/mo rent into after a $2,203/mo obligation. Total monthly income equals $2,550/mo. Return on cash invested prints 14.99% in year one, and rental yield reads 6.8% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 77.57% and total cumulative return in cash sums $115,710. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,550/mo property income covering a $2,203/mo payment, not borrower’s personal income.

Single Family

Built in 1920

0.30 Acres lot

$N/A/sqft

No HOA