21851 Fuller Ave

Euclid, OH 44123
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4 bd, 3 ba | 1,524 sqft | Built in 1924

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List Price
$164,900

Initial Investment

$44,935

Purchase Price

$164,900

Down Payment

25%

Rent

$1,400

Total Return

$62,932

Annualized Return

19.0%

Cap Rate

5.5%

Gross Yield

10.2%

Cash Flow

-$535

Appreciation

7.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,400

HOA

None

Flood Risk

Not Required

Welcome Home To This Well-Kept, Income-Generating Colonial In A Prime Location Of Euclid, That Has Been Rented Out At $1,500/Month Through 05/31/2026. The Spacious Eat-In Kitchen Has Been Updated With New Countertops, An Abundance Of Shaker Style Cabinets, Vinyl Flooring, Pantry And New Fixtures. The Adjacent Dedicated Dining Room Features Beautifully Refinished Hardwood Flooring With Built-In Corner Cabinets And A Window Bench Seat. This Area Flows Into A Large Living Room Featuring A Connected Sunroom Filled With Natural Light, And A Conveniently Located Half Bathroom. The Second Floor Of The Home Offers Three Good Sized Bedrooms, All With Refinished Hardwood Flooring, Plus A Full Bathroom Recently Updated With New Tub/Shower Surround, Pedestal Sink, And Vinyl Flooring. Up One More Level On The Third Floor Is A Finished Attic Space Consisting Of A Fourth Bedroom And Additional Living Space. The Partially Finished Basement Offers Additional Possibilities For A Recreation Room, Home Gym, Playroom, Or More, And Also Has A Dedicated Laundry Area, Additional Full Bathroom, And Storage Room. Additional Updates/Improvements Include New Roof (2024), New Garage Door, Vinyl Siding, Vinyl Windows, New HWT (2020), And Updated Electrical Panel. Great Location Close To I-90, Euclid Memorial Park, Cleveland Clinic Euclid Hospital, Euclid Beach Park, And Just A Short Drive To Downtown Cleveland! No Seller Financing.

See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717

Annual Financial Highlights

Expected Rent

$15,960

Expenses

-$3,030

Property Taxes

-$4,500

Loan Payments

-$8,965

Net Cash Flow

-$535

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:Thomas Fischer
Agent License 2020005304
RE/MAX Above & Beyond
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5114392
Last Updated: 04/17/2025 19:04
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