4 Bed Land For Sale in Cleveland America | PA573-14451-393

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  • Price £25,887
  • Number of Beds 4
  • Location Cleveland, Ohio, America
  • Property Type Land
  • Swimming Pool No
  • Listing Type For Sale
  • Property Reference PA573-14451-393

Property Description

4 Bed Land In Cleveland

4212Cyril Ave, Cleveland OH 44109

* Only $40,500
* Previously sold for $85,000
* Section 8 approved!
* High yield property - excellent ROI!
* Tenants and management in place
* Immediate income - rents prorated at the closing!

This single family home features 4 beds, 1 bath and a full basement.

This turnkey property is approximately 1,228 sq ft and it has a current Zillow Value of $62,907. It previously sold for $85,000 in June of 2006.

All section 8 inspections are passed and approved with guaranteed income paid directly into your bank account each month by the US Federal Government. Section 8 Allows for annual rent increases.

KEY FIGURES:

Purchase Price: $40,500

Closing Costs: $600.00

TOTAL OUTLAY: $41,100

RENTAL INCOME: $8,796.00 per annum

OUTGOINGS:

Property Taxes: $1,002.00

Insurance: $600.00

Management: $660.00

TOTAL OUTGOINGS: $2,262.00

NET INCOME: $6,534.00

THE NET YIELD IS THEREFORE A FANTASTIC 15.9 %

For further information or to reserve this property, please complete the enquiry form as soon as possible.

Price: 40500.00 $ Bedrooms: 4 Bathrooms: 1

Approximate Property Location

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All property information is submitted by the agent or private seller and is true at the time of submission.

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