5021 E 115Th St
Garfield Heights, OH 44125
List Price
$145,000
Initial Investment
$39,513Purchase Price
$145,000
Down Payment
25%
Rent
$1,200
Total Return
$67,854
Annualized Return
21.7%
Cap Rate
5.3%
Gross Yield
9.9%
Cash Flow
-$852
Appreciation
8.5%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
5,602
HOA
None
Flood Risk
Not Required
Welcome home to this charming 3 bedroom 1 1/2 bath cape cod located in Garfield Heights! This home features two comfortable bedrooms with an updated full bath on the main level. The eat-in kitchen is bright with natural light and plenty of counter space perfect for meal prep. The private master is situated on the second floor, featuring newer carpeting and ample closet space. The partially finished basement adds versatility with two separate spaces: perfect for an office, craft room or additional living area! The unfinished portion features a laundry room, half bathroom and plenty of room for storage. The large backyard is perfect for
entertaining and offers a raised garden. This home is steps away from Garfield Park Reservation. Garfield Heights Recreation Center is also nearby which offers a swimming pool and ice rink. Don’t miss your opportunity to make this charming home yours—schedule a showing today!!
See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights
Expected Rent
$13,680Expenses
-$2,699Property Taxes
-$3,950Loan Payments
-$7,883Net Cash Flow
-$852See 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.
Similar Listings
Listing Courtesy of:Michael Ferrante
Agent License 2019005741
Century 21 HomeStar
Agent License 2019005741
Century 21 HomeStar
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5114795
Last Updated: 04/21/2025 16:04
MLS #5114795
Last Updated: 04/21/2025 16:04