3906 State Route 309
Galion, OH 44833
List Price
$250,000
$27.4K
Initial Investment
$68,125Purchase Price
$250,000
Down Payment
25%
Rent
$1,040
Total Return
$78,798
Annualized Return
14.6%
Cap Rate
2.6%
Gross Yield
5.0%
Cash Flow
-$7,609
Appreciation
8.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
183,257
HOA
None
Flood Risk
Not Required
Have you been looking for a completely renovated home in the country? This home features a new roof, new siding, new plumbing, new electrical, newer furnace, a new kitchen with all new Whirlpool appliances, brand new Maytag washer & dryer, and new flooring throughout. Walk out onto your brand-new deck to overlook over 4 acres perfect for hunting or an outdoor enthusiast. There are also two barns on the property that can used for storage or fixed into a perfect workshop. Don't miss your chance to own this beautiful property!
See more in Analysis
Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644
Annual Financial Highlights
Expected Rent
$11,856Expenses
-$2,674Property Taxes
-$3,200Loan Payments
-$13,591Net Cash Flow
-$7,609See 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.
Similar Listings
Listing Courtesy of:Corinne Large
NextHome Experience
NextHome Experience
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224009209
Last Updated: 04/15/2024 00:04
MLS #224009209
Last Updated: 04/15/2024 00:04