13391 Pine Rd NE

Thornville, OH 43076
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3 bd, 1 ba | 797 sqft | Built in 1900

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List Price
$234,000

Initial Investment

$63,765

Purchase Price

$234,000

Down Payment

25%

Rent

$870

Total Return

$74,954

Annualized Return

14.6%

Cap Rate

2.4%

Gross Yield

4.5%

Cash Flow

-$7,569

Appreciation

8.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

21,998

HOA

None

Flood Risk

Not Required

Charming cape cod steps away from Fairfield Beach swimming area and Buckeye Lake Winery. Heating & plumbing systems new in past 10 years, including new hot water tank 2024 and new roof scheduled over next 2 weeks. Home has 2 bedrooms upstairs, 1 bath downstairs. Additional room perfect for home office, library or possible third bedroom. All appliances stay, including built-in microwave, dishwasher & upstairs front-loading washer & dryer. One of largest lots in area being .6 acre of shady park-like setting, perfect for summer living. Square footage 1100 sq ft.

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NEIGHBORHOOD

SCHOOLS

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Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644

Annual Financial Highlights

Expected Rent

$9,918

Expenses

-$1,765

Property Taxes

-$3,000

Loan Payments

-$12,721

Net Cash Flow

-$7,569

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

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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:Glen Whitten
Ohio Property Group, LLC
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224041189
Last Updated: 11/21/2024 21:11
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