214 Stockard Loop

Delaware, OH 43015
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3 bd, 3 ba | 1,538 sqft | Built in 2005

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List Price
$365,000

Initial Investment

$99,463

Purchase Price

$365,000

Down Payment

25%

Rent

$1,960

Total Return

$113,980

Annualized Return

15.1%

Cap Rate

3.6%

Gross Yield

6.4%

Cash Flow

-$7,427

Appreciation

7.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,667

HOA

$0/mo

Flood Risk

Not Required

New Roof! New Deck! Fenced yard, great location, finished basement - the works! Must-see 2-story home in Delaware's conveniently located Kensington Place neighborhood. The eat-in kitchen features elegant granite countertops and an island plus room for dining that opens into the living room. Cozy owner's suite has a newly updated bath with walk-in closet. Endless possibilities in the finished basement to work out, entertain, watch the game or have fun. Basement has surround sound. Out back, enjoy your new deck and fenced yard! 2-car garage with new garage door opener. The subdivision includes a track and playground. Situated near shopping, restaurants, garden center, and more. Minutes to 23 and 71 for easy commuting.

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

Annual Financial Highlights

Expected Rent

$22,344

Expenses

-$3,977

Property Taxes

-$5,950

Loan Payments

-$19,843

Net Cash Flow

-$7,427

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:Stephanie Steinbeck
Coldwell Banker Realty
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224041261
Last Updated: 11/22/2024 16:11
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