101 MURRAY AVE

MINERVA, OH 44657
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4 bd, 2 ba | 2,696 sqft | Built in 1881

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List Price
$119,900

Initial Investment

$32,673

Purchase Price

$119,900

Down Payment

25%

Rent

$2,900

Total Return

$129,631

Annualized Return

57.9%

Cap Rate

19.3%

Gross Yield

29.0%

Cash Flow

$15,009

Appreciation

7.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,200

HOA

None

Flood Risk

High Risk - Zone AREA NOT INCLUD

Currently used as a full residential home, but also can be used as a two unit rental spacious rooms. Currently rented to one family using the entire home, $1,050 per month. Newer high efficiency furnace with whole house AC. Off street parking at rear. Back porch was recently updated.

See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717

Annual Financial Highlights

Expected Rent

$33,060

Expenses

-$10,182

Property Taxes

-$1,350

Loan Payments

-$6,518

Net Cash Flow

$15,009

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:Theresa Blocher
Agent License 700341127
Kiko
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5108089
Last Updated: 03/20/2025 16:03
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