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Property Sales - 41706026 - House in USA, Ohio, Cuyahoga County, City of Cleveland

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Three bedroom house

Property Information

Type:
Property ID:
Location :
Added On :
Price :
House
41706026
City of Cleveland, USA
08 Aug 2024
£ 84,837 / € 96,915 / $ 99,900

Short Description

This three bedroom is amazing value at $99,900..

Key Information

  • Property ID: 41706026
  • Location: City of Cleveland
  • Property Type: House
  • Prices: £ 84,837 / € 96,915 / $ 99,900

Full Description

This fantastic three bedroom single family home is located on a very nice street in the sought after
area of South-Collinwood, it is just five minutes from the Lakeshore and less than 1 mile to
Collingwood High School, one of the best schools in Cleveland.
The property has three bedrooms, one bathroom, a full basement and a large rear garden. The house
is in the final stages of being refurbished and will be supplied by the seller rent ready to a Section 8
standard. When completed the management company will place brand new tenants. The house
should achieve $1,100 – $1,350 in rent each month. There is also 70% finance available for non US
residents, terms and conditions apply.
South-Collinwood is seen as a very strong investment area in Cleveland, this area is surrounded by
some great neighbourhoods like University Heights, Glenville, Richmond Heights and Euclid, The
property is less than 1 mile to Collinwood High School one of the best schools in Cleveland. This is one
of our most demanded areas by investors

Investment Calculations
Purchase price
$99,900
Gross annual rental income:
$16,200
Property running costs:(Tax, insurance and management costs)
$9,444
Net annual rental income:
$6,756
Investment calculation - Net Income divided by Purchase price = NET ROI.

Return of investment

19%

Break even in

5.26 Years.

Contact the Advertiser

Property Alerts

  • House
  • 3 bedrooms
  • USA
  • City of Cleveland
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