This 6-bed, 2-bath, 2,228 sqft single-family home in Cleveland’s Clark Fulton area stands out for its size and bedroom count—rare for the local market. Based on comps and current rental trends, expected monthly rent falls between $1,350 and $2,025. Annual gross potential is $16K–$24K. With the recent surge in rental demand and steady rent growth, payback on a $127K purchase price could fall under 6–8 years, especially if the property can attract larger households or multi-tenant groups. The lack of parking and older build (1910) present some challenges, but the high occupancy rates and Cleveland’s affordable cost of living continue to drive strong tenant interest in spacious homes.
To maximize rental income, consider light renovations—fresh paint, updated kitchens/baths, and adding laundry facilities. Marketing to large families or co-living groups could boost rents. If selling, highlight the rare bedroom count, proximity to healthcare and job centers, and strong rental comps nearby. For investors, targeting tenants seeking affordable, high-capacity living options in Cleveland’s revitalizing neighborhoods could be a game-changer. Don’t overlook curb appeal—first impressions matter, especially in competitive markets.