483 E 128th St,Cleveland,OH,44108

Investment Highlights

Rental property for sale in Cleveland at 483 E 128th St, Cleveland, OH, 44108 generates $1,138/mo in rent and, after a $538/mo payment, leaves $415/mo in cash flow. Total monthly income is $1,138/mo, and annual cash flow is $4,978/yr on $36,465 invested. Return on cash invested sits at 33.56% in year one, and rental yield is 12.41% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 176.58% and total cumulative return in cash sums $64,392. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,138/mo property income rather than buyer’s personal income.