990 E 129th Street, Cleveland, OH 44108

Property Description

Fully renovated Cleveland investment property offering immediate cash flow, long-term tenant stability, and an estimated 11% cap rate. This tenant-occupied single-family rental is leased at $1,200/month, with the tenant responsible for gas, electric, water, sewer, and trash. Key capital improvements have already been completed, including a newer furnace and water heater, helping limit near-term maintenance concerns. With updated finishes, reliable rental income, and a lease already in place, this property is a strong fit for investors seeking a cash-flowing Cleveland rental, turnkey single-family investment, or portfolio addition in the 44108 market. Convenient access to major highways, shopping, schools, and local amenities supports long-term rental demand. Professional property management resources are available for remote investors, including leasing coordination, marketing support, tenant communication, maintenance, and repair resources. For buyers looking to grow their Cleveland rental portfolio or acquire an income-producing asset with cash flow already in place, this property is positioned to offer a more streamlined ownership experience for out-of-state investors. Financials and lease available upon request. Schedule your showing today.