Three Bedroom House (ref. 41709210) - 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. 41709210)
Date & Time Listed: 2025-09-08 10:08:14 (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 family home is located on a nice street in South Broadway which is
just 5 miles from Downtown Cleveland. The property is also a short walk to the centre of Slavic
Village, one of the most demanded areas in Cleveland due to the new build homes increasing in
the area.
The property has three bedrooms, one and a half bathrooms, a full basement and a large rear
garden. The property will be renovated by Global Investments best contractors and will be
supplied rent ready to a Section 8 standard. He works will begin after the new owner closes on the
property. When complete the management company will place brand new vetted tenants. The
house should achieve $1,250 – $1,700 in rent each month based on current Section 8 market rates.
South Broadway is viewed as a very central location in Cleveland Ohio, it is just 5 miles miles from
Downtown and 5 miles from University Circle. The property is also less than half a mile from Slavic
Village. Slavic Village is going through large development projects. This is one of the most up and
coming areas in the City and in huge demand from investors.
Investment Calculations
Purchase price
$84,900
Gross annual rental income:
$20,400
Property running costs:(Tax, insurance and management costs)
$3,745
Net annual rental income:
$16,655
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return of investment
20%
Break even in
5 Years.
This property is a House for sale.

Other Details:

Number of Bedrooms: 3
Number of Bathrooms: 1

Price: 84,900.00 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