Turnkey Investment Opportunity – ~11% Cash-on-Cash Return This well-maintained 3-bedroom, 1-bath single-family ranch offers strong cash flow from day one with minimal owner involvement. The home was refreshed just over a year ago prior to tenant placement and has been consistently maintained since. The property is currently occupied… Read More by an EDEN-subsidized tenant generating $1,368 in monthly rent, providing reliable and predictable income. Monthly operating expenses total approximately $380, consisting of property management ($82), property taxes ($101), insurance ($60), vacancy reserve ($68), and maintenance reserve ($68). This results in a monthly net operating income of approximately $988, supporting an estimated ~11% cash-on-cash return at the current asking price. The home features vinyl siding, newer windows, and a newer roof, helping keep capital expenditures low and long-term ownership simple. Centrally located in Cleveland with quick access to major highways, the property is approximately 20 minutes from downtown and close to shopping, dining, and everyday amenities—supporting long-term tenant demand and stability. A true turnkey investment with documented cash flow, subsidized income, and attractive returns. Some photos may be virtually staged. Read Less
Courtesy of VSD Realty, LLC. and Joseph Clark
Listing Snapshot
Days Online
56
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
1
Lot Size
0.15 Acres
Year Built
1956
MLS Number
5185536
30 Days Snapshot Of 44128
$55k
-3%
(avg) sold price
2
+100%
homes sold
33
-5%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Unfinished
Building
Built in 1956, Architectural style: Colonial, Construction materials: WoodSiding, Levels: Two, Living area units: SquareFeet, 2
Fireplaces
1 total fireplace
Heating
ForcedAir
Lot
0.1469 acres
Parking
Driveway
Roof
Asphalt
Sewer
PublicSewer
Taxes
Year: 2025
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Yes-MLS. Real estate listings held by brokerage firms other than Keller Williams Legacy Group Realty are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing broker(s). Information is deemed reliable but not guaranteed. Listings last updated . Some properties which appear for sale on this website may subsequently have sold and may no longer be available.
Confirm your time
Fill in your details and we will contact you to confirm a time.