11710 Longmead Ave

Cleveland, OH 44135
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4 bd, 2 ba | 1,078 sqft | Built in 1925

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List Price
$169,900

Initial Investment

$46,298

Purchase Price

$169,900

Down Payment

25%

Rent

$1,390

Total Return

$85,462

Annualized Return

23.0%

Cap Rate

5.4%

Gross Yield

9.8%

Cash Flow

-$741

Appreciation

8.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,520

HOA

None

Flood Risk

Not Required

4 Bedroom 2 Bath Traditional Colonial. Many upgrades New flooring throughout Updated kitchen Appliances Stay

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

Annual Financial Highlights

Expected Rent

$15,846

Expenses

-$2,950

Property Taxes

-$4,400

Loan Payments

-$9,237

Net Cash Flow

-$741

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:Laurie Mireiter
Agent License 2010002644
Real Estate Quest, Inc.
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5107333
Last Updated: 03/18/2025 05:03
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.