9915 Orleans Ave

Cleveland, OH 44105
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4 bd, 1 ba | 1,440 sqft | Built in 1920

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List Price
$150,000

Initial Investment

$40,875

Purchase Price

$150,000

Down Payment

25%

Rent

$1,170

Total Return

$61,714

Annualized Return

19.5%

Cap Rate

4.9%

Gross Yield

9.4%

Cash Flow

-$1,422

Appreciation

8.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,402

HOA

None

Flood Risk

Not Required

Welcome home to this charming, completely renovated, rehabbed Smart Home located in the greater Cleveland area. After being welcomed through the front door, you will step into a nicely spacious living room, with a dining area off to the right. This kitchen has been fully renovated and includes all of the following new appliances, dishwasher, touch less hood range, under kitchen cabinet lighting, and a bonus room off of the kitchen that could be a bedroom or your home office. Upstairs has 3 bedrooms, bathroom with smart mirror, waterfall faucet, and shower. New flooring throughout the home downstairs, and new carpet upstairs, new lightning runs fully on voice commands, with your smart phone, and tablet technology. The home has been completely rewired, and comes with 100amp services and home surge protector. This smart home also comes with security cameras, and home security system that's controlled by voice activation and remote. The home also includes adjoining lot next to it with plenty of space to expand. So many new features comes with this home everything has been updated with care and highest standards. Don't miss this one, it's truly a gem!

See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717

Annual Financial Highlights

Expected Rent

$13,338

Expenses

-$2,556

Property Taxes

-$4,050

Loan Payments

-$8,155

Net Cash Flow

-$1,422

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:Cindy Corbin
Agent License 2022004310
BHR & Associates
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5106506
Last Updated: 03/14/2025 18:03
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