Deal summary

Section 8 SFH in Cleveland, OH 44112 – $165,000

6 bed · 2 bath · 2731 sqft · built 1926 · Cuyahoga County

Strong cash-flowing duplex opportunity, featuring 6 beds, 2 baths, and 2,731 sqft. The property is fully renovated and tenant occupied, with a Section 8 tenant in place generating $2,662/month in rent, providing immediate income from day one. At a $165,000 purchase price, projected DSCR financing shows approximately $1,079/month in net cash flow and an impressive 34% cash-on-cash return. Ideal for investors looking for a stabilized, turnkey rental with strong cash flow and built-in tenant occupancy.

HUD rent $2,662/mo · est. rehab $5,000