Cash Flowing Investment Rental Property in Cleveland, OH
Cash Flowing Investment Rental Property in Cleveland, OH
Overview
Property ID:
2057
- Single Family Home
- 4
- 2
- 1404
- 1920
Fix and Flip
- $70,000
- $153,000
- $4,000
Buy and Hold
- $ 70,000
- $ 1,369
- 16,428% Gross ROI
Description
This single-family home is situated in the Stockyards neighborhood of Cleveland. Offering 3 bedrooms and 2 bathrooms, this property provides approximately 1,404 sqft of living space. Built in 1920, it features a lot size of 4,552 sqft.
Notably, this property boasts a stable rental cash flow, with the current tenant having resided here for an impressive decade. The home has been diligently maintained and requires only minor repairs to keep it in excellent condition
Deal Price: $70,000 ðŸ¡
Seller Finance: $65,000 loan amount ðŸ¦
Annual Interest: 6% with a 30-year Amortization 📈
Strategic Balloon: Due in 5 years 🎈
Monthly P&I Payment: $389.71 💳
Address
- City Cleveland
- State/county OH
- Zip/Postal Code 44102
- Area Cleveland OH
- Country United States
Details
Updated on December 20, 2023 at 03:02 pm- Property ID: 2057
- Price: $ 70,000
- Property Size: 1404 Sq Ft
- Bedrooms: 4
- Bathrooms: 2
- Year Built: 1920
- Property Type: Single Family Home
- Property Status: For Sale
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