5608 Conn House Dr

Canal Winchester, OH 43110
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3 bd, 2 ba | 1,504 sqft | Built in 2009

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List Price
$284,999

Initial Investment

$77,662

Purchase Price

$284,999

Down Payment

25%

Rent

$1,980

Total Return

$178,732

Annualized Return

26.5%

Cap Rate

5.0%

Gross Yield

8.3%

Cash Flow

-$1,901

Appreciation

10.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,200

HOA

$0/mo

Flood Risk

Not Required

This 1,504 sqft 3-bedroom ranch offers a blend of comfort and functionality, featuring a 2-car attached garage, covered patio, hot tub, fenced yard, and a shed. Inside, the open foyer with wood laminate flooring leads to a spacious great room seamlessly connected to the kitchen, complete with a breakfast bar, flex area, and ample cabinet and counter space. The primary suite boasts high ceilings, a walk-in closet, a large vanity, a soaking tub, and a private shower area, making it a true retreat. Perfect for both relaxation and entertaining, this home combines modern convenience with many details.

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

Annual Financial Highlights

Expected Rent

$22,572

Expenses

-$3,679

Property Taxes

-$5,300

Loan Payments

-$15,494

Net Cash Flow

-$1,901

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:Julia DiNardo
Agent License 2008003870
Century 21 Excellence Realty
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224040952
Last Updated: 11/20/2024 15:11
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