542 Lindell St

Akron, OH 44305
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2 bd, 1 ba | 765 sqft | Built in 1919

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List Price
$79,900

$5.1K

Initial Investment

$25,800

Purchase Price

$80,000

Down Payment

25%

Rent

$1,069

Total Return

$36,849

Annualized Return

22.4%

Cap Rate

9.8%

Gross Yield

16.0%

Cash Flow

$2,744

Appreciation

5.9%
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Features

Occupancy

Vacant

Lease Up Guarantee

Yes

Lot Size

5,250

HOA

None

Flood Risk

Not Required

Welcome to 542 Lindell St. This adorable brick colonial is perfect for owner occupants and investors alike! This home has a flowing layout which makes it feel very spacious. The large master suite upstairs is flooded with natural light as it has many windows. Around the side of the home you have a porch, perfect for relaxing and enjoying the crisp fall weather. This home is conveniently located near the Reservoir Park community center and the Goodyear Heights Metro Park which offers a ton of amenities! Don't miss out on this one of a kind gem-schedule your showing today!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717

Annual Financial Highlights

Expected Rent

$12,187

Expenses

-$3,766

Property Taxes

-$1,328

Loan Payments

-$4,349

Net Cash Flow

$2,744

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:Joe Lieber
Joe Lieber- Self Manage
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceNortheast Ohio Real Estate Exchange (NEOHREX/NORMLS/CRIS/Tri-State)
MLS #4418216
Last Updated: 11/09/2022 16:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.