4461 E 158th St

Cleveland, OH 44128
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3 bd, 1 ba | 1,875 sqft | Built in 1953

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List Price
$107,000

Initial Investment

$29,158

Purchase Price

$107,000

Down Payment

25%

Rent

$1,200

Total Return

$51,885

Annualized Return

24.6%

Cap Rate

7.8%

Gross Yield

13.5%

Cash Flow

$1,881

Appreciation

6.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,251

HOA

None

Flood Risk

Not Required

Welcome to the charming home with incredible potential! This spacious property features an eat-in kitchen, 2 comfortable bedrooms on the main floor, and a full bath for convenience. Upstairs, you'll find a generously sized room that can be used as a bedroom, office, or bonus space. The finished basement offers additional living space to suit your needs. Recent updates include a roof and furnace that are approximately 6 years old, and a hot water tank that is about 2 years old. A perfect opportunity to personalize and make this home your own!

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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

$13,680

Expenses

-$3,182

Property Taxes

-$2,800

Loan Payments

-$5,817

Net Cash Flow

$1,881

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:Nicholas Papas
Agent License 2019004219
Keller Williams Chervenic Rlty
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5103874
Last Updated: 03/04/2025 19:03
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.