14320 Granger Rd
Maple Heights, OH 44137
List Price
$150,000
Initial Investment
$40,875Purchase Price
$150,000
Down Payment
25%
Rent
$867
Total Return
$31,474
Annualized Return
10.8%
Cap Rate
3.4%
Gross Yield
6.9%
Cash Flow
-$3,612
Appreciation
6.0%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
-
Lease End
-
Property Type
Duplex
Lot Size
26,998
HOA
None
Flood Risk
Not Required
Welcome to 14320 Granger Road in Maple Heights, Ohio – an enticing investment opportunity awaits! This three-bedroom, two-bathroom duplex with a full unfinished basement presents versatile options for investors or owner-occupants looking to generate rental income.
Fully occupied, this property has the potential to yield between $1700 and $2200 per month in rental income. Alternatively, savvy investors can renovate to increase rental value or live in one unit while renting out the other, maximizing returns.
Although some work is needed, the seller is open to providing flexibility to the potential buyers in customizing and/or enhancing the property to their preferences.
Conveniently located in Maple Heights, this duplex offers easy access to amenities, schools, and transportation, enhancing its appeal to tenants. Don't miss out on this chance to capitalize on a lucrative investment opportunity. Schedule a viewing today and explore the potential of 14320 Granger Road!
See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights
Expected Rent
$9,887Expenses
-$2,775Property Taxes
-$2,569Loan Payments
-$8,155Net Cash Flow
-$3,612See 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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MLS #5028351
Last Updated: 04/05/2024 17:04
MLS #5028351
Last Updated: 04/05/2024 17:04