753 E 118th St,Cleveland,OH,44108

Investment Highlights

Investment property for sale in Cleveland at 753 E 118th St, Cleveland, OH, 44108 offers a 12.22% rental yield on a $135,000 purchase with $1,375/mo rent. Total monthly income registers $1,375/mo, and a $661/mo payment leaves $487/mo available for distribution. Annual cash flow reaches $5,841/yr on $44,753 to close, and return on cash invested stands at 32.96% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 173.35% and total cumulative return in cash at $77,581. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,375/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.