13812 S Parkway Dr

Garfield Heights, OH 44105
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3 bd, 1 ba | 1,222 sqft | Built in 1921

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List Price
$135,000

Initial Investment

$36,788

Purchase Price

$135,000

Down Payment

25%

Rent

$1,090

Total Return

$57,110

Annualized Return

20.1%

Cap Rate

5.2%

Gross Yield

9.7%

Cash Flow

-$985

Appreciation

8.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,600

HOA

None

Flood Risk

Not Required

Check out this charming Colonial Home with Modern Updates in Garfield Heights, OH!!! This beautifully newly renovated 3-bedroom, 1-bathroom colonial-style home in Garfield Heights is the perfect retreat! The home features freshly installed flooring throughout, offering a fresh, clean feel. Step into the bright, updated kitchen, where new cabinetry, countertops, and appliances create a functional and stylish space for cooking and entertaining. The bathroom has also been completely remodeled, offering contemporary finishes and a relaxing atmosphere. The spacious living and dining areas are perfect for gatherings or quiet evenings at home, all complemented by the home’s timeless colonial architecture. Outside, you'll find a generously sized backyard, ideal for outdoor activities, gardening, or simply relaxing in the open air. The property also includes a 2-car garage, offering convenient parking and extra storage space. This home is just moments away from local amenities, parks, schools and just minutes away from 480 interstate. Don't miss the opportunity to make this beautifully updated colonial home yours!

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

Annual Financial Highlights

Expected Rent

$12,426

Expenses

-$2,422

Property Taxes

-$3,650

Loan Payments

-$7,339

Net Cash Flow

-$985

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:Paula Ramirez
Agent License 2021000869
EXP Realty, LLC.
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5106768
Last Updated: 03/16/2025 15:03
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