1498 S Hunters Dr

Newark, OH 43055
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4 bd, 3 ba | 2,073 sqft | Built in 2001

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List Price
$349,900

Initial Investment

$95,348

Purchase Price

$349,900

Down Payment

25%

Rent

$2,240

Total Return

$186,695

Annualized Return

23.6%

Cap Rate

5.0%

Gross Yield

7.7%

Cash Flow

-$2,632

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

$0/mo

Flood Risk

Not Required

Come check out this beautifully remodeled 4-bedroom home in the desirable Potters Grove subdivision in Newark! This home has been updated with new paint, new cabinets, and new appliances, along with new carpet and LVP flooring throughout. Sitting on an oversized, private lot that backs up to trees, it offers a peaceful and private setting. Relax on your back deck and enjoy the serene surroundings. With over 2,000 square feet of living space, there's ample room for family, entertainment, and more. There's truly too much to list--you'll want to see it for yourself!Don't miss out--schedule your showing today! The home is not eligible for FHA financing due to the 90-day flip rule.

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SCHOOLS

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Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644

Annual Financial Highlights

Expected Rent

$25,536

Expenses

-$4,545

Property Taxes

-$4,600

Loan Payments

-$19,022

Net Cash Flow

-$2,632

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:Jon Bolon
Red 1 Realty
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224040898
Last Updated: 11/19/2024 21:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.