13170 Forestdale DriveGarfield Heights, OH 44125

Property Description

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.

Property Features

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