3430 Mayfield Rd,Cleveland,OH,44118

Investment Highlights

Investment property for sale in Cleveland at 3430 Mayfield Rd, Cleveland, OH, 44118 listed at $124,000 pairs $985/mo rent with a $607/mo payment to leave $169/mo cash flow. Total monthly income runs $985/mo, and annual cash flow reaches $2,031/yr on $41,106 cash to close. Return on cash invested measures 24.85% in year one, and rental yield registers 9.53% at a $124,000 basis. Equity gained on principal adds $800/yr, and annual property appreciation at 5% supports $34,259 by year five. Five-year ROI tracks 129.92% and total cumulative return in cash totals $53,403. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $985/mo property income relative to a $607/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).