High-Yield Investment Opportunity in North Collinwood!
This well-maintained 3-bedroom, 1-bath home in Cleveland’s North Collinwood neighborhood is a turnkey investment, currently generating $1,377/month in rent— paid directly by CMHA (Cuyahoga Metropolitan Housing Authority).
Tenants are secured with a lease through April 2026, transitioning to month-to-month afterward, offering ongoing, stable cash flow.
With low monthly expenses—property taxes at $62.60, insurance at $52, and water at $43—the estimated net monthly income is $1,282. That translates to an impressive annual net income of approximately $15,028.80.
Offered at just $85,000, this property delivers a strong 17.7% ROI in one of Cleveland’s consistent rental markets.
Don’t miss this chance to add a solid performer to your portfolio—schedule your showing today!