$160,000
3063 W 47th St, Cleveland, OH 44102
Current Rent **
$1,400
Projected Rent **
$1,400
Estimated Rent †
Estimated Rent Confidence ‡
Very High
Investment Opportunity: Turn-Key Rental Property in Cleveland, OH - 3063 W 47th St
Presented by Turn-Key CLE
Discover an excellent investment opportunity with this fully managed rental property in the heart of Cleveland, OH, brought to you by Turn-Key CLE, your trusted property investment and turnkey provider. This property offers a hassle-free investment with a reliable income stream from day one.
Property Highlights:
Bedrooms: 3
Bathrooms: 1
Current Rent: $1,400 per month
Annual Taxes: Estimate*
$2,310.63
Annual Insurance: Estimate**
$707
Property Management Fee: 10%
Tenant Status: Vacant
This well-maintained property is located in a desirable neighborhood, ensuring consistent tenant demand and stable rental income. Turn-Key CLE handles all aspects of property management, including tenant placement, maintenance, and rent collection, making this an ideal choice for both new and seasoned investors seeking a passive income stream.
Key Features:
Recent updates and renovations
Professional property management in place
Convenient location with access to schools, parks, and shopping
Invest with confidence knowing Turn-Key CLE provides comprehensive support and management services, allowing you to enjoy the benefits of real estate investment without the headaches.
Contact Turn-Key CLE today to learn more about this fantastic investment property and to schedule a viewing. Don't miss out on this opportunity to enhance your portfolio with a turn-key rental property in Cleveland!
*Annual Taxes Estimate is based on most recent year available at County Auditor. Figures subject to change based on valuation.
**Annual Insurance Estimate is based on ACV with a $5,000 deductible. Rates subject to change based on individual consumer report.
Location:
3063 W 47th St, Cleveland, OH 44102
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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