Property Description

Incredible investor package featuring 3 fully occupied single-family homes in the highly cash-flowing 44105 ZIP code of Cleveland, OH! This turnkey portfolio is priced at $315,000.00 and delivers immediate, reliable cash flow from day one with a 0.00% vacancy rate. Boasting a massive 13.13% Capitalization Rate and a low 6.60x Gross Rent Multiplier (GRM), this strategic Cleveland package is optimized for maximum return on investment. The portfolio generates a robust Gross Annual Rent of $47,724.00. Overhead is exceptionally low with a streamlined Operating Expense Ratio (OER) of 13.36%, resulting in a strong Net Operating Income (NOI) of $41,347.20. Added stability includes one property backed by guaranteed, reliable CMHA subsidized housing funds, while the remaining homes feature verified net lease structures where tenants absorb 100% of standard utility outlays. This is a rare, low-maintenance asset package perfect for scaling your rental footprint in a strong rental market-add these high-yielding Cleveland homes to your portfolio today!

Property Features

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