4180 W 58th St

Cleveland, OH 44144
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3 bd, 2 ba | 1,092 sqft | Built in 1942

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List Price
$109,900

Initial Investment

$29,948

Purchase Price

$109,900

Down Payment

25%

Rent

$1,300

Total Return

$52,389

Annualized Return

24.7%

Cap Rate

8.2%

Gross Yield

14.2%

Cash Flow

$2,259

Appreciation

6.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,662

HOA

None

Flood Risk

Not Required

Charming 3-Bedroom Bungalow with Endless Potential in Cleveland, OH!
Investor special or perfect for a homeowner looking to add their personal touch! This 3-bedroom, 1-bathroom bungalow is full of potential and ready for a transformation. Located in a quiet neighborhood, this home features a spacious living area, a functional layout, and a sizable backyard—ideal for entertaining or creating your own outdoor oasis. While the property needs renovation, it offers a fantastic opportunity to build equity and customize it to your liking. Conveniently situated near schools, parks, shopping, and major highways for an easy commute. Don’t miss this chance to bring your vision to life—schedule a showing today!

MARKETS

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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

$14,820

Expenses

-$3,556

Property Taxes

-$3,030

Loan Payments

-$5,975

Net Cash Flow

$2,259

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:Nikki Hatfield
Agent License 2023002168
Real of Ohio
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5105657
Last Updated: 03/15/2025 00:03
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.