$110,000

13314 Garden Road, East Cleveland, OH 44112

4 beds |
2 baths |
1,670 sqft

Single-Family Home
Built in 1920
3,276sqft lot
1 car garage
$66/sqft
Listed 9 days ago

Property Description

Investor Alert! Turnkey rental opportunity with solid returns and a tenant already in place! This well-maintained 4 bedroom, 2 full bathroom home generates $1,550/month in rent and delivers strong performance metrics — a 10.12% cap rate and an impressive 13.87% cash-on-cash ROI. With low monthly expenses of just $1,207.38, this investment provides a steady cash flow of $342.62/month right out of the gate. Financing terms are favorable with a 7% interest rate, 30-year amortization, and only $29,640 total cash needed to get in. At a purchase price of $110,000, this property is a smart addition to any portfolio — whether you’re a seasoned investor seeking reliable passive income or a first-timer looking to build equity fast. Properties offering this kind of ROI, stability, and simplicity don’t come around often — act fast before it’s gone!

Listing Status:: Active
Listing Office:: Keller Williams Living : 440-318-1620
Listing Agent:: Amanda S Pohlman : 216-526-8302
MLS ID:: 5166760

General: Ceiling Fan(s)Walk-In Closet(s)
Laundry: Electric Dryer HookupIn Basement
Basement: FullPartially FinishedStorage Space
A/C: None
Heating: Forced AirGas
Fireplace: GasLiving RoomFireplaceFireplaces: 1

Style: Cape Cod
Parking: DrainDrivewayDetachedGarage

Roofing: Asphalt
Windows: Blinds
General: Wood Siding2

Originating MLS: NOWDD_NORM
School District: East Cleveland CSD - 1812
County: Cuyahoga

Zoning: 374 GRAHAM &S/L19 EP 0018 WP671-05-166
Fencing: Chain LinkFull

Water: Public
Sewer: Public Sewer

Source: NOWDD_NORM

This listing courtesy of Amanda S Pohlman, Keller Williams Living

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Mayfair Elementary School

13916 Mayfair Ave, Cleveland, OH, 44112

Grades 3-5

0.24 miles away

W.H. Kirk Middle School

14410 Terrace Rd, Cleveland, OH, 44112

Grades 6-8

0.75 miles away

Shaw High School

15320 Euclid Ave, Cleveland, OH, 44112

Grades 9-12

0.85 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.