3238 Berkshire Rd, Cleveland Heights, OH, 44118 | $110/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

Investment property for sale in Cleveland Heights at 3238 Berkshire Rd, Cleveland Heights, OH, 44118 offers a 8.18% rental yield on a $455,000 purchase with $3,103/mo rent. Total monthly income registers $3,103/mo, and a $2,227/mo payment leaves $110/mo available for distribution. Annual cash flow reaches $1,321/yr on $150,833 to close, and return on cash invested stands at 20.78% in year one. Equity gained on principal adds $2,936/yr while 5% annual appreciation supports $125,708 over five years. Portfolio math shows five-year ROI at 108.07% and total cumulative return in cash at $163,012. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,103/mo property income against a $2,227/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1920

6,098 sqft lot

$N/A/sqft

No HOA