9222 Columbia Ave,Cleveland,OH,44108

Investment Highlights

Investment property for sale in Cleveland at 9222 Columbia Ave, Cleveland, OH, 44108 listed at $129,900 pairs $1,022/mo rent with a $636/mo payment to leave $167/mo cash flow. Total monthly income runs $1,022/mo, and annual cash flow reaches $2,008/yr on $43,062 cash to close. Return on cash invested measures 24.57% in year one, and rental yield registers 9.44% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 128.46% and total cumulative return in cash totals $55,315. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,022/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).