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Posts with tag 'Parma Ohio Property Manager'

Welcome to 3441 Lincoln Avenue in Parma, Ohio! This 3 bed 1 Bath 1 Car Garage inviting single-family home offers classic charm, attractive interior finishes, and comfortable living spaces in an established neighborhood.

Step inside and discover beautiful hardwood flooring, freshly presented neutral-colored walls, and windows that bring natural light into the home. The attractive wood floors add warmth and character, while the neutral interior provides a welcoming atmosphere.

The kitchen features white cabinetry, convenient countertop space, and a practical layout for everyday meal preparation. The home also offers comfortable living areas and a bathroom with a tub and shower.

Outside, you'll appreciate the driveway leading to a detached garage, along with yard space for outdoor enjoyment. The home's traditional exterior, front entrance, and mature neighborhood trees add to its curb appeal.

PROPERTY HIGHLIGHTS:

  • Beautiful hardwood flooring

  • Bright rooms with natural light

  • Neutral interior colors

  • Kitchen with white cabinetry

  • Bathroom with tub and shower

  • Detached garage

  • Private driveway

  • Outdoor yard space

  • Established Parma neighborhood

GREAT PARMA LOCATION!

Conveniently situated near local shopping, restaurants, grocery stores, parks, and major roadways, this property offers easy access to everyday amenities and surrounding Greater Cleveland communities.

DON'T MISS THIS RENTAL OPPORTUNITY!

If you're looking for a single-family rental home with classic character, attractive hardwood flooring, garage parking, and a convenient Parma location, schedule your private showing today!

Brett Young | Key Realty LTD
216-703-5740

https://www.clevelandincomerealestate.com/

https://www.youtube.com/@BrettYoungCashflowhomes

https://realincomeproperties.blogspot.com/

#ParmaOhio #ParmaOhioRentals #ForRent #HomesForRent #ParmaHomesForRent #1403Dawnwood #ClevelandRentals #OhioHomesForRent #RentalProperty #SingleFamilyRental #GreaterCleveland #ClevelandRealEstate #ParmaRealEstate #OhioRealEstate #KeyRealtyLTD #BrettYoungRealtor #HouseForRent #PropertyManagement #ClevelandIncomeRealEstate #RentalHomes

Click here for Before pictures

Click here for After Pictures 

This property was purchased April 2023 for $106,000 and rehab $10,675 for a total of $116,675.   This property was leased in May 2023 in 8 days for $1150 a month the current rent is $1600 a month.  Let's look at the returns

This property was purchased April 2023 for $106,000 and rehab $10,675 for a total of $116,675.  

This property was leased in May 2023 in 8 days for $1150 a month the current rent is $1600 a month.  Let's look at the returns Net lease deposits after taxes, insurance and Property management in owners accounts

  • 2021 $ 7,235
  • 2022 $10,785
  • 2023.         $ 9,930
  • 2024 $ 9,860
  • 2025. $ 6,342 (new tenant moved in)
  • 2026. $ 7,414 (so far)
  • Total $51,566 deposited in owners account

Total $51,566 Net That means the 1st tenant stayed for 55 months and paid their rent on time and took care of the property. We have had the 2nd Tenant in for Quality tenants create easier income and less money out of our clients pockets.   The new lease on this property was from am existing tenant that has stayed in a property for over 4 years and wanted to stay with our property management. The relationship with the tenants and being consistent on keeping our properties nice really creates income for our clients.

Approx value today $175,000 ($25,000 Value add needed)

 
Let's look at the numbers
 
$175,000(Approx Worth) - $25,000 (value add) - $116,675 (Purchase and rehab)=
$33.325 Equity.
 
35,325( Equity) + 51,566 (Deposited Rent Proceeds) = $83,891 profit
 
That is a 14% return on this property so far.......
Great Locations and Professionals around you create a better investment and long term Tenants

Need this kind of real estate in your portfolio?

Approx net worth $175,000

Let's look at the Approx numbers now 

Worth $175,000-$116,675 (cost of home and rehab) - $7,650 rehab to lease = $50,675


Approx Equity $50,675 + $18,805 Net proceeds from rent = $69,480

Need Real Estate that is Profit Ready and in already established areas? 

Call me (Brett) 216-703-5740 Key Realty and

Property Management  

? Call 216-703-5740 to schedule your appointment today!

Brett Young
Realtor & Property Manager | Key Realty LTD

? Website: https://www.clevelandincomerealestate.com/

? YouTube: https://www.youtube.com/@BrettYoungCashflowhomes

? Results & Statistics: https://realincomeproperties.blogspot.com/

 

#ClevelandRealEstate #TurnkeyInvestment #BedfordOhio #RentalProperty #CashFlowRealEstate #RealEstateInvesting #IncomeProperty #KeyRealty

Every Day Your Rental Property Sits Vacant, You're Losing Money!

Turning Vacant Homes Into Income-Producing Properties FAST!

One of the biggest mistakes rental property owners make is allowing their properties to sit vacant longer than necessary.

Think about it. If your property rents for $1,800 per month, every 30 days of vacancy costs you $1,800 in potential rental income!

After 26+ years in real estate and working with over 1,200 properties, I've learned that speed, preparation, and having the right systems make all the difference.

At Key Realty & Property Management, we focus on:

✅ Getting contractors in immediately after move-out
✅ Completing repairs and renovations efficiently
✅ Pricing properties correctly for the rental market
✅ Professional pictures, videos, and aggressive marketing
✅ Screening applicants and placing qualified tenants
✅ Getting properties leased in 30 days or less whenever possible!

Our Goal Is Simple: LESS VACANCY. MORE RENTAL INCOME. BETTER RETURNS!

Great property management isn't just collecting rent. It's keeping your investment producing income!

? 216-703-5740
? Key Realty LTD | Cleveland Income Real Estate

? www.clevelandincomerealestate.com
? www.youtube.com/@BrettYoungCashflowhomes
? realincomeproperties.blogspot.com

Buy Right. Renovate Right. Manage Right. Build Long-Term Wealth!



#ClevelandPropertyManagement #RentalPropertyInvesting #ClevelandIncomeRealEstate #RentalPropertyManagement #VacancyReduction #RealEstateInvesting #ClevelandRealEstate #KeyRealtyLTD

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