5140 E 117th StGarfield HeightsOH44125
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Garfield Heights at 5140 E 117th St, Garfield Heights, OH, 44125 listed at $120,000 pairs $957/mo rent with a $587/mo payment to leave $168/mo cash flow. Total monthly income runs $957/mo, and annual cash flow reaches $2,016/yr on $39,780 cash to close. Return on cash invested measures 24.98% in year one, and rental yield registers 9.57% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 130.49% and total cumulative return in cash totals $51,907. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $957/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1944
5,601 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon M Pansmith • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5176997