3606 Farland Rd
University Heights, OH 44118
List Price
$205,000
Initial Investment
$55,863Purchase Price
$205,000
Down Payment
25%
Rent
$1,490
Total Return
$80,629
Annualized Return
18.6%
Cap Rate
4.4%
Gross Yield
8.7%
Cash Flow
-$2,732
Appreciation
8.0%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
5,400
HOA
None
Flood Risk
Not Required
Ready for new owners! This lovely home in University Heights is waiting for you! Eat in kitchen with SS appliances, fireplace for cozy winter evenings, two full baths, formal dining room, spacious living room, beautiful wood floors and a finished basement! Plenty of space for comfortable living or entertaining! Enjoy the covered front porch in the summer evenings! Two car detached garage.
See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717
Annual Financial Highlights
Expected Rent
$16,986Expenses
-$3,024Property Taxes
-$5,550Loan Payments
-$11,145Net Cash Flow
-$2,732See 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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SourceMLS Now
MLS #5115186
Last Updated: 04/21/2025 22:04
MLS #5115186
Last Updated: 04/21/2025 22:04