4904 Donovan Dr,Garfield Heights,OH,44125

Investment Highlights

Investment property for sale in Garfield Heights at 4904 Donovan Dr, Garfield Heights, OH, 44125 listed at $198,400 pairs $2,160/mo rent with a $971/mo payment to leave $855/mo cash flow. Total monthly income runs $2,160/mo, and annual cash flow reaches $10,260/yr on $65,770 cash to close. Return on cash invested measures 35.51% in year one, and rental yield registers 13.06% at a $198,400 basis. Equity gained on principal adds $1,280/yr, and annual property appreciation at 5% supports $54,814 by year five. Five-year ROI tracks 187.1% and total cumulative return in cash totals $123,058. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $971/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).