485 Lakeview Dr

Johnstown, OH 43031
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3 bd, 1 ba | 1,225 sqft | Built in 1960

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List Price
$228,000

Initial Investment

$62,130

Purchase Price

$228,000

Down Payment

25%

Rent

$1,870

Total Return

$77,596

Annualized Return

18.3%

Cap Rate

6.5%

Gross Yield

9.8%

Cash Flow

$1,549

Appreciation

5.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,583

HOA

None

Flood Risk

Not Required

Opportunity is knocking. Will you answer? Welcome home to 485 Lakeview Dr. We are pleased to offer this priced right ranch home in the desirable Rolling Hills subdivision. This home awaits your decorative touch to make it your own. Solid home, which needs a new owner to create his or her own dream. Convenient to all that is happening in Johnstown, including Intel, the thriving downtown area, and so much more. If you have been searching for an affordable ranch home, this needs to be on your list of properties to view.

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NEIGHBORHOOD

SCHOOLS

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Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644

Annual Financial Highlights

Expected Rent

$21,318

Expenses

-$3,974

Property Taxes

-$3,400

Loan Payments

-$12,395

Net Cash Flow

$1,549

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:Eric Smith
Doug Smith Realty & Auction Co.
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224040834
Last Updated: 11/19/2024 14:11
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.