Three Bedroom House (ref. 41706026) - Houses for Sale, Real Estate - Number of Bedrooms: 3, Number of Bathrooms: 1 - Cuyahoga, Ohio, United States

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Three Bedroom House (ref. 41706026)
Date & Time Listed: 2024-08-12 10:11:55 (GMT)

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 3, Number of Bathrooms: 1
Posted From: United States, Ohio, Cuyahoga

Ad Details:

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.
This property is a House for sale.

Other Details:

Number of Bedrooms: 3
Number of Bathrooms: 1

Price: 99,900.00 USD

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Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 3, Number of Bathrooms: 1 Posted From: United States, Ohio, Cuyahoga

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 3, Number of Bathrooms: 1
Posted From: United States, Ohio, Cuyahoga