7380 Old Logan Rd

Sugar Grove, OH 43155
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2 bd, 2 ba | 1,060 sqft | Built in 1933

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List Price
$235,000

Initial Investment

$64,038

Purchase Price

$235,000

Down Payment

25%

Rent

$1,587

Total Return

$110,773

Annualized Return

22.0%

Cap Rate

5.4%

Gross Yield

8.1%

Cash Flow

-$915

Appreciation

8.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

16,117

HOA

None

Flood Risk

Not Required

Darling bungalow on 1/3+ acre in Berne Union SD. A covered front porch is the perfect place to soak up the sunset. Inside you'll find original hardwood floors that flow from the spacious living room into the dining room. The well-equipped kitchen boasts classic cabinets (w/maximum use all the way to the ceiling!). Convenient 1 floor living provides 2 spacious BRs & 2 full BAs, including an owner suite w/private full bath! Full lower level is perfect for storage & rec room. Entertain w/ease on the back deck while overlooking your backyard &/or relax w/your coffee & watch the sunrise. 2 Car garage, garden shed, mature trees, & room for a garden! Minutes from SR 33, 25 mins to Hocking Hills State Park, 3 mins to Rhododendron, 8 mins to Clear Creek, & MORE! Take a hike & enjoy the outdoors!

See more in Analysis
Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644

Annual Financial Highlights

Expected Rent

$18,097

Expenses

-$4,036

Property Taxes

-$2,200

Loan Payments

-$12,776

Net Cash Flow

-$915

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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Listing Courtesy of:Sherry Looney
HER, Realtors
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224011452
Last Updated: 04/28/2024 20:04
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