411 Eddy Rd,Cleveland,OH,44108

Investment Highlights

Rental property for sale in Cleveland at 411 Eddy Rd, Cleveland, OH, 44108 priced at $105,000 converts $828/mo rent into $137/mo cash flow after a $514/mo obligation. Total monthly income equals $828/mo, and annual cash flow totals $1,647/yr on $34,808 invested. Return on cash invested prints 24.64% in year one, and rental yield reads 9.46% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 128.84% and total cumulative return in cash sums $44,846. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $828/mo property income covering a $514/mo payment, not borrower’s personal income.