13170 Forestdale Drive, Garfield Heights, OH 44125
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: john green
Office: red 1 realty, llc.
MLS#:5214674
Source:OH_NORMLS
Price summary
- Price:$150,000
About this home
CASH-FLOWING SECTION 8 INVESTMENT WITH RENT UPSIDE!
Attention investors! Here’s your opportunity to acquire a performing rental property with immediate income and strong upside potential. Currently occupied by a Section 8 tenant paying $1,600 per month ($19,200 annually), this property offers stable cash flow from day one.
With market rents supporting approximately $2,200 per month ($26,400 annually) upon future tenant turnover, investors have the opportunity to increase gross rental income by nearly $7,200 per year. Whether you’re looking to expand your portfolio, complete a 1031 exchange, or acquire a reliable buy-and-hold asset, this property checks all the boxes.
Features include a functional layout, strong rental demand, and a location that continues to attract quality tenants. The property is already producing income, eliminating the vacancy risk and lease-up period often associated with new acquisitions.
? Current Rent: $1,600/month
? Projected Rent: Up to $2,200/month
? Section 8 Income Stability
? Tenant Occupied – Cash Flow from Day One
? Excellent Buy-and-Hold Opportunity
? Potential for Increased Returns Through Future Rent Adjustments
Opportunities to purchase performing rental properties with built-in rent growth potential are becoming increasingly difficult to find. Add this income-producing asset to your portfolio and start earning from day one.
Contact your agent today for financial details and a private showing....
Contact an agent
Home facts
- Year built:1954
- Listing ID #:5214674
- Added:3 day(s) ago
- Updated:June 07, 2026 at 02:18 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:5
- Basement:Yes
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1954
- Lot area:0.24 Acres
- Construction Materials:Brick
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$150,000
Parking
- Parking description:Carport
- Carport spaces:1
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