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Property id(6557) is Reserved

Property id(6557) is Sold



966 Ida Ave, Cleveland, ohio 44103Download Brochure

Short Remarks


Distinctive Features

Fully Remodeled Duplex Rented for $1,150/Mo…Nearly $10,000 Annually in Positive Cash Flow!!

Rental Information

Tenant Pending…Rents @ $575 a month to Brand New Tenants on One-Year Leases. These Tenants will pay a Security Deposit equal to one month's rent at move-in. These deposits will be credited to the New Owner at closing. The Current Property Manager who places the Tenants will stay on and manage this property for the New Owner, ensuring a smooth transition after the sale.

Property Amenities/Work Completed

This property has been fully rehabbed. Amenities include:

  • Brand New Architectural Roof  
  • Freshly Painted Exterior
  • Freshly Painted Interior
  • Brand New Carpet
  • Brand New Electric Panels
  • Brand New Plumbing
  • Brand New Hot Water Tanks
  • Brand New Furnaces & Ductwork
  • Remodeled Kitchens
  • Remodeled Bathrooms
  • Private Driveway


Full Remarks


Market Analysis 

Cleveland is another one of our targeted markets for huge returns on your investment dollar. Recently, the Cleveland Market has become a hotbed of Investor activity due to huge ROI, inexpensive housing and consistent, stable rental market growth. Here are some noteworthy points to consider about the Cleveland Market:

- Price to Rents Ratio Ranked 2nd Nationally.

- Ranked the #1 Investment Market in the US in 2017 by

-Ranked the #1 Investment Market for Return on Rental Properties by Home Union.  

- 16.2% Appreciation Rate for 2017 According to and Home Union.

- 11 Fortune 500 Companies Headquartered Here including Goodyear, Sherwin Williams and Progressive Insurance.

- Cleveland was a manufacturing mecca in the 19th and 20th Centuries as the home of John Rockefeller's Standard Oil as an example. Manufacturing still plays a vital role in Cleveland's Economy (Top 5 Industrial Market in the USA) but, recent economic diversification of the region has seen the finance, healthcare and technology sectors explode in growth.

- The World Famous Cleveland Clinic Healthcare System is one of the Nation's finest and most progressive Health Care Facilities that employs 48.000 people.

- 27 Area Colleges and Universities.

- Cleveland's unemployment rate is consistently well below the national average of the largest 30 cities in the USA.

- Home to the Rock n Roll Hall of Fame, the recent 2016 Republican National Convention and a thriving new Downtown Casino and Entertainment Complex.

- Cleveland Ranked the Most Affordable Housing Market in the Country for 2017 (US News & World Report).

- Entrepreneur Magazine ranks the Greater Cleveland region "hotter" for entrepreneurs than San Francisco, Boston, Seattle and New York.

- ranked Cleveland #1 in the country in regards to housing improvement with a 6.5% quarter over quarter increase in price, rebounding from a -18% loss during the real estate bubble.

With a burgeoning economy, an inexpensive and thriving housing and rental market, it is no wonder Investors are flocking to Cleveland. The time is now to take advantage of all that the Cleveland Market has to offer for your Real Estate Investing Portfolio!!

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* These estimates are based on current information and projections and are not a guarantee of future income. All investments have risk. Additional or increased expenses and vacancies could effect your actual realized return on your real estate investment property.


Property Address Purchase Price Date Sold Type of Deal # of Beds # of Baths
1067 East 58th St $98000 11/16/17 Duplex 5 2
7803 Cornelia Ave $85625 11/14/17 Duplex 4 2