1703 CRESTLINE AVE

CLEVELAND, OH 44109
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3 bd, 1 ba | 1,174 sqft | Built in 1914

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List Price
$84,900

Initial Investment

$23,135

Purchase Price

$84,900

Down Payment

25%

Rent

$1,410

Total Return

$71,717

Annualized Return

39.3%

Cap Rate

11.7%

Gross Yield

19.9%

Cash Flow

$4,319

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

2,960

HOA

None

Flood Risk

Not Required

Clean and ready to be renovated 3 bedroom 1 full bathroom Colonial in the Old Brooklyn neighborhood of Cleveland! This property is is in a very desirable location for investors and homeowners alike. This property comes equipped with a newer electrical panel, several newer vinyl windows, a nice layout, a solid basement/structure, a recently painted exterior, and 3 bedrooms. This is the perfect cosmetic fixer upper to add to your rental portfolio, be your next flip, or your next home in a great neighborhood!

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NEIGHBORHOOD

SCHOOLS

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Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717

Annual Financial Highlights

Expected Rent

$16,074

Expenses

-$4,939

Property Taxes

-$2,200

Loan Payments

-$4,616

Net Cash Flow

$4,319

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:Sawyer Dina
Agent License 2016003923
Red 1 Realty, LLC
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5100471
Last Updated: 02/14/2025 18:02
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