3 Bed House In Cleveland
* 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.
Purchase Price: $39.900
Closing Costs: $600.00
TOTAL OUTLAY: $40,500
RENTAL INCOME: $8,292.00 per annum
Property Taxes: $762.00
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