$55,000

7427 Spafford Road, Cleveland, OH 44105

2 beds |
1 bath

Single-Family Home
Built in 1890
5,075sqft lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

Great investment opportunity in the Cleveland area! This 2-bedroom, 1-bath single-family home offers 800 sq ft of living space and is already generating passive income. • Annual rental income: $9,000 • Gross ROI: 15.00% The property is tenant-occupied, with a reliable long-term tenant expressing a strong interest in staying. Located in an up-and-coming neighborhood, this home presents excellent potential for appreciation and long-term growth. Whether you're a seasoned investor or just getting started, this affordable property is a smart addition to your rental portfolio.

Listing Status:: Active
Listing Office:: Key Realty : 877-593-7589
Listing Agent:: Saundra Clay : 216-496-2938
MLS ID:: 5146656

Basement: Unfinished
A/C: Ceiling Fan(s)
Heating: Forced Air
Fireplace: Fireplaces: 0

Style: Bungalow
Parking: No Garage

Roofing: Shingle
General: Wood Siding1

Originating MLS: NOWDD_NORM
School District: Cleveland Municipal - 1809
County: Cuyahoga

Zoning: 315 HAMILTON S/L30NP 0029 SP133-20-097

Water: Public
Sewer: Public Sewer

Source: NOWDD_NORM

This listing courtesy of Saundra Clay, Key Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Albert Bushnell Hart School

3900 E 75th St, Cleveland, OH, 44105

Grades KG-8

0.18 miles away

Albert Bushnell Hart School

3900 E 75th St, Cleveland, OH, 44105

Grades KG-8

0.18 miles away

John Adams College and Career Academy

3817 Martin Luther King Jr Dr, Cleveland, OH, 44105

Grades 9-12

1.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.