10703 Kimberley Ave
Cleveland, OH 44108
List Price
$105,000
Initial Investment
$28,613Purchase Price
$105,000
Down Payment
25%
Rent
$1,170
Total Return
$38,846
Annualized Return
20.3%
Cap Rate
7.7%
Gross Yield
13.4%
Cash Flow
$1,689
Appreciation
5.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
3,850
HOA
None
Flood Risk
Not Required
This well-maintained 3-bedroom, 1.5-bathroom home offers an excellent opportunity for investors seeking strong rental potential in the Cleveland market. Located in a stable neighborhood with easy access to major highways, schools, and public transportation, this property is ideal for long-term tenants.
Inside, you’ll find a spacious layout with a large living room, a functional kitchen, and generous bedroom sizes. The main bathroom is updated, and a convenient half-bath is located on the first floor. Additional features include a full basement, and a private backyard.
Whether you're looking to add to your rental portfolio or begin your real estate investment journey, this property delivers both value and potential.
See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights
Expected Rent
$13,338Expenses
-$3,091Property Taxes
-$2,850Loan Payments
-$5,708Net Cash Flow
$1,689See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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SourceMLS Now
MLS #5115078
Last Updated: 04/16/2025 17:04
MLS #5115078
Last Updated: 04/16/2025 17:04