Four Bedroom House (ref. 41709295) - Houses for Sale, Real Estate - Number of Bedrooms: 4, Number of Bathrooms: 1 - Cuyahoga, Ohio, United States

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Four Bedroom House (ref. 41709295)
Date & Time Listed: 2025-04-10 10:12:05 (GMT)

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 4, Number of Bathrooms: 1
Posted From: United States, Ohio, Cuyahoga

Ad Details:

This fantastic four bedroom family home is located on a nice street in South Broadway which is just 6.8
miles from Downtown Cleveland. This property is also next to Broadway Slavic Village just two miles from
Slavic Village, one of the most demanded areas in Cleveland due to the new build homes increasing in the
area.
The property has four bedrooms, one bathroom, a full basement and a large rear garden. The property
has recently had a brand new roof and all new windows. The house also has Section 8 tenants in place
paying $1,350 in rent each month. 70% finance is available for non residents, terms and conditions apply.
South Broadway is just 2 miles South of Slavic Village which is going through large development projects.
This is one of the most up and coming areas in the City and in huge demand by investors due to new build
properties increasing the value of the properties in the surrounding areas. The house is also just
bordering on the famous Garfield Heights, one of the most desirable areas in Cleveland. The house is just
1.2 miles from Garfield Heights High School.
Investment Calculations
Purchase price
$99,900
Gross annual rental income:
$16,200
Property running costs:(Tax, insurance and management costs)
$9,996
Net annual rental income:
$6,204
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return of investment
18%
Break even in
5.5 Years.
This property is a House for sale.

Other Details:

Number of Bedrooms: 4
Number of Bathrooms: 1

Price: 99,900.00 USD

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Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 4, Number of Bathrooms: 1 Posted From: United States, Ohio, Cuyahoga

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 4, Number of Bathrooms: 1
Posted From: United States, Ohio, Cuyahoga