Description
This well-maintained 3-bedroom, 1-bath home in cleveland’s collinwood neighborhood is a prime investment, generating $1,418/month in rent, paid directly by cmha (cuyahoga metropolitan housing authority). the tenants are secured on a lease through august 2025, transitioning to a month-to-month agreement thereafter. with monthly expenses including property taxes at $72.60, insurance at $52, and water at $43, the estimated net monthly income is $1,252.40, leading to an annual net income of approximately $15,028.80. at a purchase price of $85,000, this property offers an impressive 17.7% return on investment (roi). recent updates include a new roof (2023), new hot water tank (2023), and a furnace (2021), making this a low-maintenance, high-yield opportunity in a strong rental market. don’t miss out on this cash-flowing investment—schedule a showing today!
Property Type
ResidentialCounty
CuyahogaStyle
ColonialAD ID
49139872
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BuyOwner last updated this listing 04/05/2025 @ 14:31
- MLS: 5110136
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: MLSNow
is a Home, with 3 bedrooms which is recently sold, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.