5239 Beech Ave

Maple Heights, OH 44137
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3 bd, 2 ba | 1,328 sqft | Built in 1924

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List Price
$104,900

Initial Investment

$28,585

Purchase Price

$104,900

Down Payment

25%

Rent

$1,260

Total Return

$44,335

Annualized Return

22.3%

Cap Rate

7.7%

Gross Yield

14.4%

Cash Flow

$1,679

Appreciation

6.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,800

HOA

None

Flood Risk

Not Required

Welcome to 5239 Beech Ave, a charming colonial-style home with plenty of space and natural light. This delightful property offers a comfortable and inviting atmosphere, perfect for creating lasting memories.
As you enter, you'll be greeted by a spacious living area that exudes warmth and character. The open layout allows for seamless flow and flexibility in design. With undefined bedrooms, the possibilities are endless - customize the space to suit your unique needs and preferences.
The home features 1.5 bathrooms, ensuring convenience for both residents and guests. The master bathroom boasts modern fixtures and ample storage, creating a tranquil retreat.
Measuring at 1,328 square feet, this home offers plenty of room for relaxation and entertainment. The abundance of natural light throughout the property creates a cheerful and uplifting ambiance, making every day feel bright and welcoming.
For car enthusiasts or those in need of extra storage space, the 2-car garage is a fantastic addition. Additionally, the over 600 square feet basement provides endless possibilities for a workshop, home gym, or extra living space
Situated in a desirable location, this property offers convenience and accessibility to nearby amenities, schools, and parks. Whether you're looking to enjoy a peaceful evening stroll or explore the vibrant local community, this home offers the best of both worlds.
Don't miss the opportunity to make this charming colonial-style property your own.

See more in Analysis
Melissa Lupton
eXp Realty (Melissa Lupton)
OH Agent License #2014004675

Annual Financial Highlights

Expected Rent

$14,364

Expenses

-$3,902

Property Taxes

-$3,080

Loan Payments

-$5,703

Net Cash Flow

$1,679

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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Last Updated: 09/19/2023 11:09
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