9013 Harris Ave,Cleveland,OH,44104

Investment Highlights

Investment property for sale in Cleveland at 9013 Harris Ave, Cleveland, OH, 44104 uses $38,089 cash to close to unlock $5,203/yr annual cash flow and $434/mo monthly cash flow. Total monthly income runs $1,189/mo, and a $562/mo payment keeps the spread at $434/mo. Purchase price stands at $114,900, and rental yield measures 12.42% with $1,189/mo rent. Return on cash invested shows 33.57% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 176.65% and total cumulative return in cash records $67,286. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,189/mo property income covering a $562/mo payment rather than investor’s personal income.