307 Spruce St # 62

Williamsport, OH 43164
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3 bd, 1 ba | 1,188 sqft | Built in 1966

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List Price
$147,000

Initial Investment

$40,058

Purchase Price

$147,000

Down Payment

25%

Rent

$1,060

Total Return

$67,978

Annualized Return

21.6%

Cap Rate

5.3%

Gross Yield

8.7%

Cash Flow

-$820

Appreciation

8.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

3 bedroom, 1 bath ranch style home with living room, dining room and 2 car attached garage. This is a Fannie Mae Homepath property.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644

Annual Financial Highlights

Expected Rent

$12,084

Expenses

-$3,112

Property Taxes

-$1,800

Loan Payments

-$7,992

Net Cash Flow

-$820

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Similar Listings



Listing Courtesy of:Pamela Langley
Lewis & Langley
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224011778
Last Updated: 04/24/2024 14:04
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