Three bedroom house

Full Description

 

This great single family home is located on a very nice street in Woodland Hills less than five minutes from the famous Shaker Square, one of the biggest attractions in Cleveland. Shaker Square is full of restaurants, bars, boutiques and even has a cinema. There are tenants in place and they are keeping the property in good condition paying $600 per month. This property is under management by one of the leading Cleveland property management companies.

Woodland Hills is viewed as a very central location in Cleveland Ohio, it is just 5.4 miles from Downtown Cleveland, just 2.8 miles from the University Circle & only 1.3 miles from Shaker square. University Circle has the highest concentration of cultural attractions and performing arts venues in the whole of the US.

Investment Details

Purchase price: 29,900

Gross annual rental income: $7,200

Property running costs: $1,904
(Tax, insurance and management costs)

Net annual rental income: $5,296

Investment calculation - Net Income divided by Purchase price = NET ROI.

Return on investment: 18%

Key Information

Property ID: 36264166
Price: £24,054
Property Type: Townhouse
Categories:

  • Residential Property
  • House

This large three bedroom house is a rare find at $29,900...