3910 MONTICELLO BLVD
CLEVELAND HEIGHTS, OH 44121
List Price
$129,000
Initial Investment
$35,153Purchase Price
$129,000
Down Payment
25%
Rent
$1,680
Total Return
$83,972
Annualized Return
31.1%
Cap Rate
9.1%
Gross Yield
15.6%
Cash Flow
$3,709
Appreciation
8.5%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
6,850
HOA
None
Flood Risk
Not Required
Nice 3-Bedroom, 2-Bathroom Home Income-Generating Opportunity! This 3-bedroom, 2-bathroom home is the perfect blend of comfort, style, and investment potential. Located in Cleveland Heights, this property is ideal for homeowners and investors alike. The home is currently occupied by a tenant who is paying $1,100 per month and is interested in staying, offering an immediate rental income opportunity. Inside, you'll find a spacious, living and dining area filled with natural light, creating a warm and inviting atmosphere. Conveniently located near schools, shopping, and dining, this home offers both comfort and accessibility. Whether you're looking for a primary residence or an investment property with a reliable tenant already in place, this is an opportunity you don't want to miss. Scheduling after accepted contract to not disrupt tenant.
See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights
Expected Rent
$19,152Expenses
-$4,870Property Taxes
-$3,560Loan Payments
-$7,013Net Cash Flow
$3,709See 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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SourceMLS Now
MLS #5107873
Last Updated: 03/29/2025 11:03
MLS #5107873
Last Updated: 03/29/2025 11:03