9304 Snow Rd

Parma, OH 44130
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3 bd, 2 ba | 1,636 sqft | Built in 1928

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List Price
$224,000

$10K

Initial Investment

$61,040

Purchase Price

$224,000

Down Payment

25%

Rent

$1,710

Total Return

$72,218

Annualized Return

15.1%

Cap Rate

3.1%

Gross Yield

9.2%

Cash Flow

-$5,985

Appreciation

8.0%
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Features

Lot Size

0

HOA

None

Flood Risk

Not Required

Welcome to 9304 Snow Road, this turnkey 1920's tudor home has been lovingly updated while maintaining all of it's original charm. Beautiful engineered hardwood floors bounce natural light through the custom flanking floor to ceiling windows. Complete with the original fireplace and hand crafted plaster molding the main living area is both open and cozy. A fully framed additional sunroom off the back of the living room makes for a terrific office or play space. The formal dining room features matching floor to ceiling windows, modern fixtures and chair rails along all four walls. Opening to a FULLY RENOVATED kitchen, complete with display case cabinetry, soft-close hardware, granite countertops and a neutral backsplash. Just off the kitchen you will find the updated powder room and access to the backyard. The second floor features three bedrooms, a fully renovated primary bathroom, walk out balcony and original hardwood floors. The third floor is waiting for your imagination, insulated and ready to go with full sized ceilings this space would make a wonderful yoga area, art studio or playroom! Call today to schedule your private tour.

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

Expected Rent

$19,494

Expenses

-$3,501

Property Taxes

-$9,800

Loan Payments

-$12,178

Net Cash Flow

-$5,985

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.

Similar Listings



Listing Courtesy of:Daniel Tyson
Agent License 2015001283
RE/MAX Edge Realty
Certified Agent Brokerage:Melissa Lupton
eXp Realty (Melissa Lupton)
OH Brokerage License 2016006021
SourceMLS Now
MLS #4457950
Last Updated: 06/09/2023 22:06
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