649 Fairview Pl

Alliance, OH 44601
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3 bd, 2 ba | 1,892 sqft | Built in 1957

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List Price
$184,900

Initial Investment

$50,385

Purchase Price

$184,900

Down Payment

25%

Rent

$870

Total Return

$39,926

Annualized Return

10.9%

Cap Rate

2.9%

Gross Yield

5.6%

Cash Flow

-$5,066

Appreciation

6.4%
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Features

Lot Size

20,720

HOA

None

Flood Risk

Not Required

If you want city utilities and to be close to shopping, restaurants etc. but feel like you are in the country with privacy, this wonderful home is for you! Ranch home on an amazing lot, nearly a 1/2 acre with woods behind the home for privacy. The home offers lots of space inside as well with a living room, family room with gas fireplace, open eat-in kitchen with a counter bar to sit at. Three bedrooms and full bathroom on the main floor and a rec room, extra room and laundry area in the basement with a toilet and shower. Hardwood floors in the bedrooms under the carpet. Large sunroom/four seasons room has a wall/window air conditioner and a gas fireplace. Newer dishwasher. Newer carpet in the family room. Front landscaping done in 2022.

See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights

Expected Rent

$9,918

Expenses

-$2,282

Property Taxes

-$2,650

Loan Payments

-$10,052

Net Cash Flow

-$5,066

See more in Financials

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.
  • Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
  • You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
  • Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
  • Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.

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:Nerissa Maris
Agent License 2005014417
BHHS Stouffer Realty
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #4461718
Last Updated: 05/26/2023 13:05
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