368 E 248th St,Euclid,OH,44123

Investment Highlights

Investment property for sale in Euclid at 368 E 248th St, Euclid, OH, 44123 offers a 9.37% rental yield on a $109,000 purchase with $851/mo rent. Total monthly income registers $851/mo, and a $534/mo payment leaves $134/mo available for distribution. Annual cash flow reaches $1,602/yr on $36,134 to close, and return on cash invested stands at 24.34% in year one. Equity gained on principal adds $703/yr while 5% annual appreciation supports $30,115 over five years. Portfolio math shows five-year ROI at 127.25% and total cumulative return in cash at $45,982. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $851/mo property income against a $534/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.