62 Fieldpoint Rd

Heath, OH 43056
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3 bd, 2 ba | 936 sqft | Built in 1962

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List Price
$227,000

Initial Investment

$61,858

Purchase Price

$227,000

Down Payment

25%

Rent

$1,350

Total Return

$102,294

Annualized Return

20.2%

Cap Rate

4.0%

Gross Yield

7.1%

Cash Flow

-$3,790

Appreciation

9.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,841

HOA

None

Flood Risk

Not Required

3 Bedroom Ranch with one-half bathrooms. Full basement with approximately 24x30 storage/garage building. This home has refurbished Hardwood floors and updated Kitchen with new appliances. New light fixtures, freshly painted walls and updated main bathroom. Full basement with half bathroom adds extra living space to this very solid Home. Fenced in yard and concrete patio. Wonderful Location.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644

Annual Financial Highlights

Expected Rent

$15,390

Expenses

-$2,739

Property Taxes

-$4,100

Loan Payments

-$12,341

Net Cash Flow

-$3,790

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:Thomas McClanahan
Agent License 2001001165
RE/MAX Affiliates, Inc.
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #225012455
Last Updated: 04/22/2025 13:04
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