$110,000
FOR SALE13314 Garden Road
East Cleveland, Oh, 44112
MLS #5166760
Subdivision: Adam Graham Allotment
Building: -
4 Beds
2/- Baths
1670 sqft
$ 65.87 /sqft
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 youre 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 dont come around often act fast before its gone!
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Listing Courtesy of: Keller Williams Living
