517 Princeton Ave
Elyria, OH 44035
List Price
$154,900
Initial Investment
$42,210Purchase Price
$154,900
Down Payment
25%
Rent
$1,240
Total Return
$79,793
Annualized Return
23.4%
Cap Rate
5.4%
Gross Yield
9.6%
Cash Flow
-$603
Appreciation
9.1%
Reset to DefaultEdit Assumptions
Features
Lot Size
6,098
HOA
None
Flood Risk
Not Required
Super cute 3 bedroom bungalow in Eastern Heights. 3 bedrooms (2 on the first floor and a large primary bedroom upstairs). Large living room and dining room have hardwood and Laminate flooring. Kitchen has tons of cabinets. Range, washer and dryer stay. Great yard with privacy fence. Full basement could be finished for more living space. Walking distance to schools.
See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights
Expected Rent
$14,136Expenses
-$2,967Property Taxes
-$3,350Loan Payments
-$8,421Net Cash Flow
-$603See 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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Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
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OH Brokerage License 2004018595
SourceMLS Now
MLS #4461861
Last Updated: 05/26/2023 12:05
MLS #4461861
Last Updated: 05/26/2023 12:05