New Jersey Investor Finds a 20% ROI Duplex

[James Wise]

New Jersey Investor Finds a 20% ROI Duplex

During the 2,922nd episode of The MLS Search & Analysis Show, we break down a Cleveland duplex for a New Jersey investor looking for out-of-state cash flow. This deal has the classic Cleveland duplex layout, strong rent potential, vinyl siding, vinyl windows, updated interiors, and fewer lead paint headaches than a lot of older Cleveland housing stock. With projected market rents around $1,950 a month and a purchase price in the $105K to $115K range, the numbers show serious 20% ROI potential. This is the type of deal where Section 8 can make a lot of sense, but only if you have the right boots-on-the-ground team handling tenant placement, compliance, lead certification, and property management.