3368 Silsby Rd,Cleveland Heights,OH,44118

Investment Highlights

Investment property for sale in Cleveland Heights at 3368 Silsby Rd, Cleveland Heights, OH, 44118 listed at $224,500 pairs $1,538/mo rent with a $1,099/mo payment to leave $61/mo cash flow. Total monthly income runs $1,538/mo, and annual cash flow reaches $733/yr on $74,422 cash to close. Return on cash invested measures 20.89% in year one, and rental yield registers 8.22% at a $224,500 basis. Equity gained on principal adds $1,449/yr, and annual property appreciation at 5% supports $62,025 by year five. Five-year ROI tracks 108.7% and total cumulative return in cash totals $80,900. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,538/mo property income relative to a $1,099/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).