13808 S PARKWAY DR

GARFIELD HEIGHTS, OH 44105
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3 bd, 1 ba | 1,874 sqft | Built in 1922

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List Price
$95,000

Initial Investment

$25,888

Purchase Price

$95,000

Down Payment

25%

Rent

$1,110

Total Return

$53,823

Annualized Return

27.5%

Cap Rate

8.1%

Gross Yield

14.0%

Cash Flow

$1,875

Appreciation

8.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,600

HOA

None

Flood Risk

Not Required

Become a real estate investor overnight! Come check out this recently remodeled Colonial in the heart of Garfield Hts. You'll love the updated kitchen and bathroom, not to mention the newish furnace and central air unit. You'll enjoy the 3 spacious bedrooms upstairs, not to mention a large 2 car garage and waterproofed basement. This property is currently on a month to month lease. Buyer assume POS.

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NEIGHBORHOOD

SCHOOLS

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Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717

Annual Financial Highlights

Expected Rent

$12,654

Expenses

-$3,014

Property Taxes

-$2,600

Loan Payments

-$5,165

Net Cash Flow

$1,875

See 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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Listing Courtesy of:David Leggett
Agent License 2016002959
Keller Williams Greater Metropolitan
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5114159
Last Updated: 04/13/2025 04:04
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