14803 Empire Rd

Thornville, OH 43076
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3 bd, 1 ba | 960 sqft | Built in 1976

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List Price
$219,900

Initial Investment

$59,923

Purchase Price

$219,900

Down Payment

25%

Rent

$1,280

Total Return

$94,607

Annualized Return

20.0%

Cap Rate

4.5%

Gross Yield

7.0%

Cash Flow

-$2,560

Appreciation

8.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,792

HOA

None

Flood Risk

Not Required

This ranch home is ideally located within walking distance of the waters of Buckeye Lake and being conveniently close to State Route 13 and just south of I-70 for an easy commute. The home features three comfortable bedrooms, a full bathroom, a spacious living room, and an eat-in kitchen. A laundry area with access to the fenced rear yard adds practicality and convenience. The property boasts a concrete driveway, a brand-new roof, updated carpet, and low-maintenance living. Kitchen appliances are included, and with public water and sewer, this move-in-ready home is perfect for anyone seeking a cozy, hassle-free lifestyle.

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

Annual Financial Highlights

Expected Rent

$14,592

Expenses

-$2,597

Property Taxes

-$2,600

Loan Payments

-$11,955

Net Cash Flow

-$2,560

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:Kelli Poling
Hill Real Estate
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224040899
Last Updated: 11/19/2024 20:11
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