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13170 Forestdale Drive

Garfield Heights OH 44125

3
1
1
0.24 ac.
Single-Family
Currently for sale - view listing

Overview

CASH-FLOWING SECTION 8 INVESTMENT WITH RENT UPSIDE! Attention investors! Here’s your opportunity to acquire a performing rental property with immediate income and strong upside potential. Currently occupied by a Section 8 tenant paying $1,600 per month ($19,200 annually), this property offers stable cash flow from day one. With market rents supporting approximately $2,200 per month ($26,400 annually) upon future tenant turnover, investors have the opportunity to increase gross rental income by nearly $7,200 per year. Whether you’re looking to expand your portfolio, complete a 1031 exchange, or acquire a reliable buy-and-hold asset, this property checks all the boxes. Features include a functional layout, strong rental demand, and a location that continues to attract quality tenants. The property is already producing income, eliminating the vacancy risk and lease-up period often associated with new acquisitions. ? Current Rent: $1,600/month ? Projected Rent: Up to $2,200/month ? Section 8 Income Stability ? Tenant Occupied – Cash Flow from Day One ? Excellent Buy-and-Hold Opportunity ? Potential for Increased Returns Through Future Rent Adjustments Opportunities to purchase performing rental properties with built-in rent growth potential are becoming increasingly difficult to find. Add this income-producing asset to your portfolio and start earning from day one. Contact your agent today for financial details and a private showing.

Features

3 bedrooms
1 bathroom
1 carspace
1 carport space
0.24 ac. lot size
Single-Family

Happy sellers in Garfield Heights

96%
96% of sellers in Garfield Heights reported that their sale price either exceeded or met their price expectations.

Garfield Heights stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Garfield Heights over the last 12 months.

Local market activity for 3 bedroom single-family properties in Garfield Heights

In the last 12 months, 255 three-bedroom single-family properties similar to 13170 Forestdale Drive, have been sold.

This represents a 5% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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