12824 Woodside Ave, Cleveland, OH 44108, Cleveland, OH

This is a fully remodeled, rental-ready property positioned for strong cash flow in Cleveland’s east side market. The interior has been completely updated, allowing an investor to step in with minimal additional capital improvements.
Recent Interior Renovations Include:
Brand new flooring throughout
Fresh paint on walls, ceilings, and trim
Updated light fixtures and finishes
Stone kitchen countertops with modern backsplash
Updated bathroom featuring a tiled shower
The modern finishes and clean updates make this property highly attractive to tenants and help support premium market rent for the area.
Rental Potential
Estimated Market Rent: ~$1,600/month
Annual Gross Income: $19,200
DSCR Snapshot (20% Down Scenario)
Purchase Price: $108,000
Down Payment (20%): $21,600
Loan Amount: $86,400
Estimated Interest Rate: 7.75%
30-Year Amortization
Projected Numbers:
Net Operating Income (NOI): ˜ $13,904/year
Estimated Annual Debt Service: ˜ $7,440/year
DSCR: 1.87
? Strong lender coverage (most require 1.20–1.25)
? Estimated Cash Flow: ˜ $538/month
? Estimated Cash-on-Cash Return: ~26

No creative financing and no wholesalers please
Will work with buyers agent