627 E 123rd St, Cleveland, OH, 44108 | $144/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cleveland at 627 E 123rd St, Cleveland, OH, 44108 uses $36,465 cash to close to unlock $1,726/yr annual cash flow and $144/mo monthly cash flow. Total monthly income runs $867/mo, and a $538/mo payment keeps the spread at $144/mo. Purchase price stands at $110,000, and rental yield measures 9.46% with $867/mo rent. Return on cash invested shows 24.64% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 128.74% and total cumulative return in cash records $46,944. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $867/mo property income covering a $538/mo payment rather than investor’s personal income.

Single Family

Built in 1998

6,250 sqft lot

$N/A/sqft

No HOA