3562 W 120th St

Cleveland, OH 44111
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3 bd, 1 ba | 1,654 sqft | Built in 1926

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List Price
$144,900

Initial Investment

$39,485

Purchase Price

$144,900

Down Payment

25%

Rent

$1,410

Total Return

$60,855

Annualized Return

21.1%

Cap Rate

6.5%

Gross Yield

11.7%

Cash Flow

$794

Appreciation

6.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,676

HOA

None

Flood Risk

Not Required

Own a beautifully maintained century home in a vibrant Cleveland west-side community. This charming colonial features natural wood throughout, including hardwood floors, a window seat with built-in drawers, original solid wood doors with knobs, and an original china cabinet. The living room is highlighted by a striking fireplace, creating a warm and inviting space for entertaining. The recently painted first floor flows into a spacious kitchen with ample cabinetry, perfect for any chef. Upstairs, you'll find a well-appointed bathroom and generously sized bedrooms. Additional storage is provided by the basement and attic. Enjoy summer evenings on the porch or host cookouts in the fenced backyard. Don't miss this meticulously cared-for home, schedule your showing today!

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

Annual Financial Highlights

Expected Rent

$16,074

Expenses

-$3,452

Property Taxes

-$3,950

Loan Payments

-$7,878

Net Cash Flow

$794

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:Thomas DiDonato
Agent License 2018003461
RE/MAX Above & Beyond
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5106693
Last Updated: 03/17/2025 13:03
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