FOR SALE BY OWNER
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7427 Spafford Rd, Cleveland, OH 44105
7427 Spafford Rd, Cleveland, OH 44105
$65,000
$81/sq ft
0.0 Bath
800 Sq Ft
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About This Property
Skip the headaches of finding a tenant and navigating local rental compliance! This solid 2-bedroom, 1-bathroom single-family home offers immediate, hassle-free cash flow on day one.?? Reliable Income stream$720/Month Rent: Active, steady revenue stream generating immediate cash flow. Long-Term Section 8 Tenant: Occupied by a reliable tenant who loves the home and explicitly wants to stay. Guaranteed Government Funds: Enjoy predictable, hands-off monthly deposits subsidized through the housing voucher program.? 100% Cuyahoga County Compliant Lead-Safe Certified: Skip the stress of Cleveland's rigorous lead laws. This property has its official Lead-Safe Certification completed and is fully compliant with all Cuyahoga County lead-safe rental property regulations.?? Property Highlights Outdoor Space: Features a beautiful, nice backyard with a private deck directly off the house—perfect for tenant enjoyment and long-term retention. Layout: Functional 2-bed, 1-bath floor plan.Exterior: Low-maintenance vinyl siding and solid structure. Mechanicals: Reliable forced-air heating. Location: Situated in the 44105 zip code, an area highly favored by investors for its strong rental demand and excellent cash-on-cash returns.?? Showing Policy: To protect the privacy and peace of the long-term tenant, showings will be granted only upon an accepted contract (written offer) and verification of funds. Add a truly hands-off, legally compliant asset to your portfolio today. Contact the owner directly to submit an offer or request financial metrics!
Property Type
Single Family
Year Built
1880
Lot Size
5,074 sqft
Heating
Forced air; Gas
Cooling
None
Features & Amenities
Interior Features
- Asphalt
- Forced air
- Garage
- Gas
- None
- Partially finished
- Range / Oven
- Refrigerator
- Vinyl
Property Owner
PO
Property Owner
Property Owner
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Mortgage Calculator
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Estimated Monthly Payment
$511
Payment Breakdown
Principal & Interest
$346
Property Tax
$65
Home Insurance
$100
HOA Fees
$0
Loan Amount
$52,000
Total Interest Paid
$72,545
Total Cost
$124,545