Cleveland Ohio Investment Property For Sale: Amazing Turnkey Rental Opportunity!
Are you in search of a lucrative investment opportunity? Look no further than this newly renovated and move-in ready investment property in Cleveland, Ohio. This amazing turnkey rental offers an impressive 14% gross yield and a solid 10% cap rate, making it a highly attractive option for investors seeking steady cash flow.
One of the standout features of this property is its recent renovation, ensuring that it is ready for immediate occupancy or leasing. The addition of a new furnace and a water tank further enhances its appeal, providing tenants with the peace of mind of modern amenities.
Whether you prefer to deliver the home vacant or leased, this property caters to your investor preference. Additionally, it is Section 8 ready, opening up the possibility of guaranteed rental income from government-assisted tenants.
The updated kitchen is another highlight of this investment property. Featuring new appliances and ample space for growth, it offers a welcoming and functional space for tenants. The modernized kitchen not only adds value to the property but also increases its appeal to potential renters.
This investment property in Cleveland, Ohio, is suitable for both investors and individuals seeking a place of their own. If you have been searching for a cash-flowing property that offers excellent returns on investment, this is one opportunity you cannot afford to miss.
Cleveland, Ohio, is known for its stable real estate market and affordable housing options. With its bustling economy and a range of amenities, the city attracts a steady stream of renters. This makes it an ideal location for investors looking to capitalize on the rental market.
Investing in this turnkey rental property provides numerous advantages. Firstly, the property is already renovated, saving investors the time and effort required for extensive remodeling. Secondly, the impressive 14% gross yield and 10% cap rate ensure a healthy return on investment. These figures indicate that the property generates significant income relative to its purchase price, making it a profitable venture.
Furthermore, the option to deliver the property vacant or leased offers flexibility for investors. This allows you to choose the strategy that aligns with your investment goals and preferences. The property’s Section 8 readiness is an added advantage, as it opens up a reliable source of rental income through government assistance programs.
In conclusion, this Cleveland Ohio investment property presents an incredible opportunity for both investors and individuals seeking a place to call home. With its recent renovation, new furnace and water tank, and updated kitchen, it offers a turnkey solution for those looking to enter the rental market. The impressive 14% gross yield and 10% cap rate make it a highly attractive investment option, guaranteeing steady cash flow and excellent returns. Don’t miss out on this chance to secure your financial future – schedule a viewing today and see the potential for yourself!
8205 Dorver Avenue, Cleveland, OH 44105