711 Eddy Rd,Cleveland,OH,44108

Investment Highlights

Investment property for sale in Cleveland at 711 Eddy Rd, Cleveland, OH, 44108 offers a 9.33% rental yield on a $105,000 purchase with $816/mo rent. Total monthly income registers $816/mo, and a $514/mo payment leaves $125/mo available for distribution. Annual cash flow reaches $1,503/yr on $34,808 to close, and return on cash invested stands at 24.23% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 126.63% and total cumulative return in cash at $44,078. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $816/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.