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SINGLE_FAMILY - Other - Cleveland, OH
High-Yield Investment Opportunity in North Collinwood! This well-maintained 3-bedroom, 1-bath home in Cleveland's North Collinwood neighborhood is a turnkey investment, currently generating $1,377/month in rent- paid directly by CMHA (Cuyahoga Metropolitan Housing Authority). Tenants are secured with a lease through April 2026, transitioning to month-to-month afterward, offering ongoing, stable cash flow. With low monthly expenses-property taxes at $62.60, insurance at $52, and water at $43-the estimated net monthly income is $1,282. That translates to an impressive annual net income of approximately $15,028.80. Offered at just $85,000, this property delivers a strong 17.7% ROI in one of Cleveland's consistent rental markets. Don't miss this chance to add a solid performer to your portfolio-schedule your showing today!
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