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Property Description

14905 Harvard is a fully renovated 4-bedroom in Cleveland's 44128 zip code, where fair market rent for a 4-bedroom is averaging $1,780 per month, or $21,360 annually. With brand new windows, new flooring throughout, a completely updated kitchen with new appliances, fresh paint and trim, and new siding, this is a 100% turnkey property. This is a true plug-and-play rental designed for low maintenance and strong long-term performance.

With taxes at $1,300 per year, insurance at $960 per year, and 8% management factored in, this property produces a net operating income of $17,391 annually. At a $135,000 purchase price using 20% down on a DSCR loan, cash flow sits at approximately $695 per month. In a market where 4-bedroom inventory is limited and rents are pushing higher, this is a stabilized, high-yield asset that delivers immediate returns from day one -- the kind of deal that's hard to replicate and even harder to pass up.

Overview

Property Status
For Sale
Lot Size
4,238.39 Sq.Ft.
MLS ID
5190784
Property Type
Residential
Year Built
1947

Features & Amenities

Neighborhood
Cleveland
Architecture Styles
Cape Cod
Stories
2
Water Source
Public
Roof
Shingle
Parking
Driveway
Heat Type
Forced Air
Air Conditioning
Other
Laundry Room
In Basement
Sewer
Public Sewer
School District
Cleveland Municipal - 1809
Sales Price
$134,900
Real Estate Tax
$1,310/yr

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14905 Harvard Avenue

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14905 Harvard Avenue

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