30204 THOMAS ST

WILLOWICK, OH 44095
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2 bd, 1 ba | 894 sqft | Built in 1926

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List Price
$89,000

Initial Investment

$24,253

Purchase Price

$89,000

Down Payment

25%

Rent

$1,150

Total Return

$41,435

Annualized Return

24.2%

Cap Rate

8.3%

Gross Yield

15.5%

Cash Flow

$1,753

Appreciation

6.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,126

HOA

None

Flood Risk

Not Required

This well-kept 2-bedroom, 1-bath ranch offers a comfortable layout with 642 square feet above ground and a total of 1,121 square feet including the partially finished basement. The home has seen several updates over the past few years that still show very well, including new flooring throughout, updated kitchen cabinets, newer appliances, fresh interior paint, new doors, and a refreshed bathroom. It has a clean, welcoming feel throughout and is move-in ready with plenty of potential.
The full basement is open and versatile—ideal for storage, additional living space, or future projects. The home is being sold as-is, and the basement foundation walls will need repair, as shown in the photos. Still, the property’s curb appeal, solid layout, and completed updates make it a great opportunity in an established neighborhood for buyers ready to take the next step.

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

Annual Financial Highlights

Expected Rent

$13,110

Expenses

-$3,449

Property Taxes

-$3,070

Loan Payments

-$4,839

Net Cash Flow

$1,753

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:Daniel McGarry
Agent License 2022004262
EXP Realty, LLC.
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5112374
Last Updated: 04/09/2025 03:04
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