678 E 118th St, Cleveland, OH, 44108 | $135/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 678 E 118th St, Cleveland, OH, 44108 uses $34,774 cash to close to unlock $1,625/yr annual cash flow and $135/mo monthly cash flow. Total monthly income runs $825/mo, and a $513/mo payment keeps the spread at $135/mo. Purchase price stands at $104,900, and rental yield measures 9.44% with $825/mo rent. Return on cash invested shows 24.58% in year one, and 5% annual appreciation builds toward $28,982 over five years. Five-year ROI reaches 128.53% and total cumulative return in cash records $44,694. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $825/mo property income covering a $513/mo payment rather than investor’s personal income.

Single Family

Built in 1906

3,998 sqft lot

$N/A/sqft

No HOA