Pending

Listed by Joseph Clark from VSD Realty, LLC.

Source: MLS Now #5185536

4477 East 143rd Street, Cleveland, OH, 44128

$119,900

3
1
936 sq. ft.
0.15 ac.

SingleFam

30+ days on the market

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About this property

Turnkey Investment Opportunity – ~11% Cash-on-Cash Return This well-maintained 3-bedroom, 1-bath single-family ranch offers strong cash flow from day one with minimal owner involvement. The home was refreshed just over a year ago prior to tenant placement and has been consistently maintained since. The property is currently occupied by an EDEN-subsidized tenant generating $1,368 in monthly rent, providing reliable and predictable income. Monthly operating expenses total approximately $380, consisting of property management ($82), property taxes ($101), insurance ($60), vacancy reserve ($68), and maintenance reserve ($68). This results in a monthly net operating income of approximately $988, supporting an estimated ~11% cash-on-cash return at the current asking price. The home features vinyl siding, newer windows, and a newer roof, helping keep capital expenditures low and long-term ownership simple. Centrally located in Cleveland with quick access to major highways, the property is approximately 20 minutes from downtown and close to shopping, dining, and everyday amenities—supporting long-term tenant demand and stability. A true turnkey investment with documented cash flow, subsidized income, and attractive returns. Some photos may be virtually staged.

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