1125 Galewood Dr

Cleveland, OH 44110
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3 bd, 1 ba | 1,728 sqft | Built in 1915

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List Price
$109,900

Initial Investment

$29,948

Purchase Price

$109,900

Down Payment

25%

Rent

$1,090

Total Return

$35,279

Annualized Return

17.5%

Cap Rate

6.7%

Gross Yield

11.9%

Cash Flow

$755

Appreciation

5.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

2,135

HOA

None

Flood Risk

Not Required

Welcome to your next investment! Situated in North Collinwood, this recently updated 3 bedroom-1 bathroom Colonial style property works for investors of all types. Featuring new carpeting on both levels , LVP flooring in kitchen, fresh new paint throughout, recently refinished hardwood flooring on second floor. As a bonus there's an an open porch for relaxation. Property is situated on a corner lot at the very end of the street offering a bit more privacy. While this property could work for the right home buyer, it also works for several types of investors where potential rents could range within $1,000.00-$1,400.00. What is also unique about this street is many of the home owners still reside here. Located close to freeways allowing a short drive to downtown Cleveland and many more of the city's main attractions. Also located in close proximity to Ginn Academy and Collinwood Highschool. Short drive to the Waterloo Arts District. Schedule your showings today!

See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717

Annual Financial Highlights

Expected Rent

$12,426

Expenses

-$2,697

Property Taxes

-$3,000

Loan Payments

-$5,975

Net Cash Flow

$755

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Kelli Johnson
Agent License 2015005880
NorthPoint Asset Management
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5106244
Last Updated: 03/15/2025 15:03
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