4308 W 223rd St

Fairview Park, OH 44126
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2 bd, 1 ba | 1,630 sqft | Built in 1932

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List Price
$149,900

Initial Investment

$40,848

Purchase Price

$149,900

Down Payment

25%

Rent

$1,220

Total Return

$78,537

Annualized Return

23.2%

Cap Rate

5.0%

Gross Yield

9.8%

Cash Flow

-$1,313

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Cute Condo alternative Ranch home. Situated on a spacious lot this charming home has a spacious living room with a decorative fireplace, dining room, updated kitchen and refinished wood floors. The second room could be a bedroom, nursery or home office. There are newer windows throughout the home and the kitchen appliances are only 3 years old. The basement is just waiting to be finished for additional living space. The large backyard has plenty of room for pets, gardening or even expanding the house.

See more in Analysis
Melissa Lupton
eXp Realty (Melissa Lupton)
OH Agent License #2014004675

Annual Financial Highlights

Expected Rent

$13,908

Expenses

-$2,721

Property Taxes

-$4,350

Loan Payments

-$8,149

Net Cash Flow

-$1,313

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:Meredith Hardington
Agent License 2010002695
Howard Hanna
Certified Agent Brokerage:Melissa Lupton
eXp Realty (Melissa Lupton)
OH Brokerage License 2016006021
SourceMLS Now
MLS #4490748
Last Updated: 09/19/2023 14:09
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