I’d Pay $80K for This Duplex—and Target a 49% Return

[James Wise]

I’d Pay $80K for This Duplex—and Target a 49% Return

During the 2,958th episode of The MLS Search & Analysis Show, James Wise breaks down a Cleveland duplex built for pure Section 8 cash flow. The seller is asking $105,000, but James explains why the neighborhood risk makes $80,000 a much better target price. With projected rents approaching $1,950 per month, government-backed Section 8 tenants, and a multifamily setup that helps reduce vacancy and theft risk, the deal could produce roughly $13,500 in annual NOI and target an impressive 49% return on invested capital. Access the full deal breakdown with a VIP PLUS Membership.