41695337 - Buy a House in USA, Ohio, Cuyahoga County, City of Cleveland

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Three bedroom house

Property Information

Type: House Property ID: 41695337
Location: City of Cleveland, USA Added on: 15 Jul 2023
Price: £59,361

Short Description

This three bedroom is amazing value at $69,900..

Key Information

  • Property ID: 41695337
  • Location: City of Cleveland
  • Property Type: House
  • Prices: £ 59,361 / € 67,811 / $ 69,900

Full Description

This large three bedroom single family home is located on a nice street in Forest Hills
close to the shores of Lake Erie and is less than 1 mile from Glenville High School, one of
the best schools in Cleveland.
The property has 3 bedrooms, one bathrooms, a full basement and a large rear garden.
The property has tenants in place paying $1,250 in rent each month. The tenants are
Section 8/EDEN so the rent is paid direct to the landlord via the City of Cleveland.
The house is under management with a great local Cleveland property management

Forest Hills is seen as a very strong investment area in Cleveland, it is close to the
Waterloo District, Euclid, Bratenahl and the I90 (highway) Lakeshore is appealing for bus
lines and bike trails. The house is just 1.4 miles to the Famous Shoreby Club and the
neighbouring community Bratenahl. Bratenahl is one of the most exclusive residential
areas in Cleveland where properties can sell in the Millions.

Investment Calculations
Purchase price
Gross annual rental income:
Property running costs:(Tax, insurance and management costs)
Net annual rental income:
Investment calculation - Net Income divided by Purchase price = NET ROI.

Return of investment


Break even in

5.5 Years.

Contact the Advertiser


Property Alerts

  • House
  • 3 bedrooms
  • USA
  • City of Cleveland
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