12931 FRUITSIDE RD

GARFIELD HEIGHTS, OH 44125
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3 bd, 1 ba | 1,566 sqft | Built in 1955

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List Price
$166,805

Initial Investment

$45,454

Purchase Price

$166,805

Down Payment

25%

Rent

$1,230

Total Return

$72,154

Annualized Return

20.0%

Cap Rate

4.5%

Gross Yield

8.8%

Cash Flow

-$2,092

Appreciation

8.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,400

HOA

None

Flood Risk

Not Required

Spring is almost here, so is your perfect new home! Beautifully
updated/move-in-ready 3-bedroom bungalow is bursting with fresh
energy, making it the ideal place to start your next chapter. Nestled
in a peaceful neighborhood w/little traffic (Metroparks), this
charming home sits among newer, larger homes, w/exciting potential for
two higher end new builds across the street—ensuring lasting value and
future appreciation. As you arrive, you'll love the freshly sealed
driveway w/ample parking, leading to an oversized 2-car garage—perfect
for storage, workshop, or simply unwinding in your private backyard
oasis. The freshly painted exterior, stylish new front steps/porch, &
thoughtfully re-landscaped yard create stunning curb appeal, setting
the tone for the beauty inside. Step through the enclosed front porch
into a bright & airy home filled w/natural light & gleaming refinished
hardwood floors. Updated, open-concept kitchen is a dream, featuring
brand-new white shaker cabinets, premium granite countertops, a sleek
subway tile backsplash, and a modern breakfast bar pass
through—perfect for morning coffee or entertaining guests.
First floor offers two spacious bedrooms w/beautiful hardwood floors &
added ceiling fans, plus beautifully refinished full bath for
convenient easy main-floor living. Upstairs, a versatile third bedroom
or rec space provides endless possibilities for relaxation or
work-from-home needs. A full open basement adds even more potential.
With updated HVAC, electrical, plumbing, and more, this home is ready
for you to make memories. Don’t miss out—homes like this don’t last in
the spring market! Schedule your showing today before it’s gone!

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

Annual Financial Highlights

Expected Rent

$14,022

Expenses

-$2,496

Property Taxes

-$4,550

Loan Payments

-$9,068

Net Cash Flow

-$2,092

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:Christopher Frederick
Agent License 426983
Coldwell Banker Schmidt Realty
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5102516
Last Updated: 02/25/2025 19:02
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