Cash Purchase Deal
| Annual Gross Rent | $13.284 |
|---|---|
| Management Fee | $1.328 |
| Property Tax | $1.050 |
| Insurance | $600 |
| Net Annual Income | $10.306 |
| Net Return on Investment (ROI) | %13 |
|---|---|
| Payback Period | 7.8 yrs |
Description
This two bedroom single family home is located on a very nice street in Kinsman,
right next to the Woodland Homes district. The house is just 3.2 miles from the
entrance to the world famous Cleveland Clinic..
There are two large bedrooms, one bathroom, a full basement and a large garden.
The property will be renovated by Global Investments best contractors and will be
supplied rent ready to a Section 8 standard. The works will begin after the new
owner closes on the property. When complete the management company will
place brand new vetted tenants. The house should achieve $900 – $1,107 in rent
each month based on current Section 8 rates for this zip code.
Details
Updated on September 11, 2026 at 3:54 pm- Price: $79,900
- Property Size: 981 Sq Ft
- Bedrooms: 2
- Bathroom: 1
- Property Type: Single Family
- Property Status: 13% Net Return
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