3 Bed House For Sale in Cleveland America | PA573-14451-396

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  • Price £25,503
  • Number of Beds 3
  • Location Cleveland, Ohio, America
  • Property Type House
  • Swimming Pool No
  • Listing Type For Sale
  • Property Reference PA573-14451-396

Property Description

3 Bed House In Cleveland

Only $39,900

* Current Zillow Value $58,755
* Section 8 Approved!
* High yield property- Excellent ROI!
* Tenants and management in place
* Immediate income- rents prorated at the closing!

11205 Forest Ave, Cleveland OH 44104 is a single family home features 3 beds, 1 bath, a full basement and a 1 car detached garage.

This turnkey property is approximately 1,232 sq ft and it has a current Zillow Value of $58,755. Section 8 allows for annual rent increases.

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

KEY FIGURES:

Purchase Price: $39.900

Closing Costs: $600.00

TOTAL OUTLAY: $40,500

RENTAL INCOME: $8,292.00 per annum

OUTGOINGS:

Property Taxes: $762.00

Insurance: $600.00

Management: $622.00

TOTAL OUTGOINGS: $1,984.00

NET INCOME: $6,308.00

THE NET YIELD IS THEREFORE A FANTASTIC 15.57%

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

Price: 39900.00 $ Bedrooms: 3 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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