Property
Beds
4
Full Baths
2
1/2 Baths
None
Year Built
1920
Sq.Footage
1,670
Investor Alert! Turnkey rental opportunity with solid returns and a tenant already in place! This well-maintained 4 bedroom, 2 full bathroom home generates $1,550/month in rent and delivers strong performance metrics — a 10.12% cap rate and an impressive 13.87% cash-on-cash ROI. With low monthly expenses of just $1,207.38, this investment provides a steady cash flow of $342.62/month right out of the gate. Financing terms are favorable with a 7% interest rate, 30-year amortization, and only $29,640 total cash needed to get in. At a purchase price of $110,000, this property is a smart addition to any portfolio — whether you’re a seasoned investor seeking reliable passive income or a first-timer looking to build equity fast. Properties offering this kind of ROI, stability, and simplicity don’t come around often — act fast before it’s gone!
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s), Walk-In Closet(s)
-
Total Bedrooms
4
-
Bathrooms
2
-
Above Grade Finished Area
1262.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
Ceiling Fan(s), None
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Main Level Bedrooms
2
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Wood Siding
-
Parking
Driveway, Detached, Garage
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.0752
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Cape Cod
Price
-
Sales Price
$110,000
-
Tax Amount
1543.0
-
Sq. Footage
1, 670
-
Price/SqFt
$65
HOA
-
Association
No
School District
-
Elementary School
East Cleveland CSD - 1812
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
East Cleveland CSD - 1812
Middle School
High School
Listing Courtesy of Amanda S Pohlman , Keller Williams Living
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