$66,000

Section 8 Cash Opportunity in Cleveland

Cleveland, OH 44110
AvailableSection 8
Section 8 Cash Opportunity in Cleveland - Image 1
Available
1 / 20
3Beds
1Baths
1,628Sq Ft
1919Year Built

Why Buy?

Rent

$1,250/m or HUD $1,420/m

Price

$66,000

CoC ROI

$1,250/m = 28%,

Coc ROI

Hud $1,450/m =39%

Rehab

$0

The Numbers

Asking Price

$66,000

EMD

$500

HUD Rent

$1,420

Potiental Strong Cash flowing, vacant rental. Recently remodeled in 2023, this Colonial offers updated living space and is a great opportunity for an owner-occupant or investor. Features include a refreshed interior, spacious living and dining areas, full basement, detached garage, and a manageable lot. Conveniently located near schools, shopping, public transportation, parks, and major highway access.

Map

Subject Property | Buy Box CartelSubject Property

Deal summary

Section 8 SFH in Cleveland, OH 44110 – $66,000

3 bed · 1 bath · 1628 sqft · built 1919 · Cuyahoga County

1919 single family on Wemple Road, three bedrooms and one bath, 1628 square feet. Asking 65K with estimated repairs around 10K. Runs about 1420 a month in rental income.

HUD rent $1,420/mo