8304 Garfield Blvd

Garfield Heights, OH 44125
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5 bd, 2 ba | 2,912 sqft | Built in 1924

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List Price
$169,900

Initial Investment

$49,298

Purchase Price

$169,900

Down Payment

25%

Rent

$2,300

Total Return

$111,380

Annualized Return

30.3%

Cap Rate

9.3%

Gross Yield

16.2%

Cash Flow

$5,570

Appreciation

8.5%
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Features

Property Type

Duplex

Lot Size

6,299

HOA

None

Flood Risk

Not Required

Beautiful Fully remodeled 5 Bedroom 2 Bath, Duplex located in Garfield Heights! This home will make a Great addition to an Investors Portfolio or for a First Time Homebuyer. Both units offer so many wonderful updates, Updated Kitchens & Bathrooms, New Carpet & Vinyl Plank flooring and freshly painted throughout. Updated electrical, new hot water tanks and newer roof. Home also offers a Finished attic that can be used as a 3rd floor bedroom in Upstairs Unit. Great location on a corner lot, near the Metro Parks and Cleveland Clinic's Marymount Hospital. This home has a potential to Cash Flow over $2,300 per month. You don't want to miss out on this one, Schedule your showings today!

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

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Annual Financial Highlights

Expected Rent

$26,220

Expenses

-$7,922

Property Taxes

-$3,491

Loan Payments

-$9,237

Net Cash Flow

$5,570

See more in Financials

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.
  • Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
  • You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
  • Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
  • Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.

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:Tal Tamir
Keller Williams Living
Certified Agent Brokerage:Melissa Lupton
eXp Realty (Melissa Lupton)
OH Brokerage License 2016006021
SourceNortheast Ohio Real Estate Exchange (NEOHREX/NORMLS/CRIS/Tri-State)
MLS #4422951
Last Updated: 11/16/2022 16:11
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.