132 S Maple Hts

New Lexington, OH 43764
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3 bd, 2 ba | 1,134 sqft | Built in 1940

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List Price
$159,900

Initial Investment

$43,573

Purchase Price

$159,900

Down Payment

25%

Rent

$1,290

Total Return

$32,537

Annualized Return

12.7%

Cap Rate

7.0%

Gross Yield

9.7%

Cash Flow

$1,845

Appreciation

2.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,792

HOA

None

Flood Risk

Not Required

Discover charm and comfort in this 3bed, 1.5bath home! With 1,134sq.ft., this home offers thoughtful details and a spacious layout. The first floor features a primary bedroom, bath, and laundry - making single-story living a breeze. Upstairs you'll find 2 additional rooms and a room equipped for a an additional half bathroom. The eat-in kitchen invites cozy meals, while the attached garages provide convenience and ample storage options. The full basement with a large bonus space (once hair salon) presents endless possibilities for a workshop or hobby area conveniently equipped with it's own heat/air, entryway, and bathroom. Relax and enjoy early mornings or peaceful sunsets on the large covered porch, or in the expansive backyard on a quiet corner lot. *Professional pictures coming soon!*

See more in Analysis
Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644

Annual Financial Highlights

Expected Rent

$14,706

Expenses

-$2,718

Property Taxes

-$1,450

Loan Payments

-$8,693

Net Cash Flow

$1,845

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:Alexis Walker
Agent License 2022000346
Hill Real Estate
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224039886
Last Updated: 03/20/2025 17:03
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