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Property Overview:

4137 Valley Road, Cleveland, OH 44109
Type: Single Family House
Size: ~1,152 SqFt
Lot size: ~2,816 SqFt
Manufactured Year: 1925
Basement: Unfinished (~576 SqFt)

Property Highlights:

Located in Cleveland’s 44109 area with strong demand for 3BR homes 3 BR / 1 BA layout with solid bones and potential upsideUnfinished basement offers storage or further value-add potentialGreat opportunity for cosmetic modernization to push ARV Near comparable renovated homes that support strong comps

Repairs Needed:

Mainly cosmetic: interior paint, flooring, kitchen and bath updatesSome general touch-ups and modern finishes already updated and rent-ready 
Estimated Repair Costs: $30K – $45K.

ARV BREAKDOWN:

ARV – $160,000 based on Comps:

4079 Valley Rd, Cleveland, OH 44109 - $165,000
1618 Denley Ave, Cleveland, OH 44109 - $177,000
4190 Valley Rd, Cleveland, OH 44109 - $161,000

Potential Rent Returns:  

Current Rent: $1,100/mo (month-to-month)

Market Rent: ~$1,300/mo

Estimated Spread: ~$55,000 between purchase and ARV

Remember, you miss 100% of the shots you don’t take, so don’t hesitate to submit that offer!

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Resources:

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