554 Eddy Rd,Cleveland,OH,44108

Investment Highlights

Investment property for sale in Cleveland at 554 Eddy Rd, Cleveland, OH, 44108 listed at $120,000 pairs $1,242/mo rent with a $587/mo payment to leave $453/mo cash flow. Total monthly income runs $1,242/mo, and annual cash flow reaches $5,436/yr on $39,780 cash to close. Return on cash invested measures 33.57% in year one, and rental yield registers 12.42% 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 176.58% and total cumulative return in cash totals $70,243. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,242/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).