New Property, Financing Available! Tenanted - Investor Ready
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http://investorincomeproperties.com/3665-ludgate-r...
http://investorincomeproperties.com/3665-ludgate-r...
Located in an A-rated location and currently occupied, this single family home features 1,540 square feet, five beds, two full baths, basement, front/back porch and a detached two car garage. Shaker Heights is notorious for one of the most stringent point of sale inspections in the suburbs of Cleveland and this property checked all of the boxes.
This performing property is priced low and has excellent appreciation potential in a very sought-after city to live in. It won't last long!
- Only $65,000
- Current Zillow Value: $68,855
- Past Peak Zillow Value: $92,000 in 2005
- High Yield Property – Excellent ROI at 23.20%
- Shaker Heights: A-Rated Location!
- Currently Occupied and a Performing Property
- 1 Year Property Mgmt Paid
- Estimated Year 1 Analysis
- Price $65,000
- Rent $12,564
- Property Tax $2,208
- Insurance- $600
- Full Mngt $1260
- Reserves- $250
- NET Annual Income $9,506
- All-cash ROI 14.62%
- 20% Conventional Financed NET Annual Income $7,539
- 20% Conventional Financed ROI 23.20%
Offering