923 Andrews Rd

Medina, OH 44256
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3 bd, 3 ba | 2,127 sqft | Built in 1967

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List Price
$306,000

$19K

Initial Investment

$83,385

Purchase Price

$306,000

Down Payment

25%

Rent

$2,380

Total Return

$109,592

Annualized Return

18.0%

Cap Rate

5.3%

Gross Yield

9.3%

Cash Flow

-$1,413

Appreciation

6.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

This charming one-of-a-kind Medina ranch is ready for its new owner. Upon entering the home, you see the lovely formal living room. The hall leads to 3 bedrooms with spacious closets and a full bath. The master bedroom has a private bath and large his and hers closets. A wonderful sun filled family room with a fireplace, skylight and slider leads out to a custom trex deck. The eat-in kitchen includes a skylight, wood cabinetry, tile backsplash, and all the appliances convey. The dining room is conveniently located right off of the kitchen and has stunning hardwood floors and a gorgeous chandelier. The laundry is on the main floor along with a half bath plus an abundant amount of built in storage and a BONUS room that would make a great office or work out space. The backyard has a huge deck perfect for entertaining guests surrounded by a fully fenced in backyard with beautiful gardens and landscaping throughout, it truly is a park like setting. Come see this wonderful home near schools, shopping, restaurants, hospitals and highways.

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

Annual Financial Highlights

Expected Rent

$27,132

Expenses

-$5,810

Property Taxes

-$6,100

Loan Payments

-$16,636

Net Cash Flow

-$1,413

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:Robin Ward
Agent License 2013001116
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Certified Agent Brokerage:Melissa Lupton
eXp Realty (Melissa Lupton)
OH Brokerage License 2016006021
SourceMLS Now
MLS #4490185
Last Updated: 09/26/2023 20:09
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