15905 Northwood Ave

Maple Heights, OH 44137
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3 bd, 2 ba | 934 sqft | Built in 1956

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List Price
$149,900

$10K

Initial Investment

$40,848

Purchase Price

$149,900

Down Payment

25%

Rent

$1,140

Total Return

$42,869

Annualized Return

14.8%

Cap Rate

4.9%

Gross Yield

9.1%

Cash Flow

-$1,459

Appreciation

6.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Lovely updated 3 bedroom ranch with a brand new 2 car garage with electric and garage door opener. Large living room with dining area plus a large eat in kitchen. Additionally, there are 2 bathrooms and a partially finished basement. Other updates include roof on house, furnace and air conditioner replaced in 2018. Updates in 2023 include most windows replaced, whole inside of house has been freshly painted, hardwood floors have been refinished, new bathroom vanity and fixtures, new kitchen sink and built in microwave, new exterior back door and new chain link fence on East side of property. Nothing to do but move in and enjoy!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Melissa Lupton
eXp Realty (Melissa Lupton)
OH Agent License #2014004675

Annual Financial Highlights

Expected Rent

$12,996

Expenses

-$2,906

Property Taxes

-$3,400

Loan Payments

-$8,149

Net Cash Flow

-$1,459

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

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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:Charles Medalie
Agent License 2020001410
ListWithFreedom.com Inc.
Certified Agent Brokerage:Melissa Lupton
eXp Realty (Melissa Lupton)
OH Brokerage License 2016006021
SourceMLS Now
MLS #4493279
Last Updated: 10/09/2023 14:10
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