324 E 215th St,Euclid,OH,44123

Investment Highlights

Rental property for sale in Euclid at 324 E 215th St, Euclid, OH, 44123 generates $1,394/mo in rent and, after a $857/mo payment, leaves $242/mo in cash flow. Total monthly income is $1,394/mo, and annual cash flow is $2,909/yr on $58,013 invested. Return on cash invested sits at 24.92% in year one, and rental yield is 9.56% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 130.31% and total cumulative return in cash sums $75,595. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,394/mo property income rather than buyer’s personal income.