6916 Iola Boat Ln

Canal Winchester, OH 43110
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4 bd, 4 ba | 3,090 sqft | Built in 2004

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List Price
$349,900

Initial Investment

$95,348

Purchase Price

$349,900

Down Payment

25%

Rent

$2,850

Total Return

$236,332

Annualized Return

28.7%

Cap Rate

6.0%

Gross Yield

9.8%

Cash Flow

$843

Appreciation

10.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,405

HOA

$8/mo

Flood Risk

Not Required

Welcome to this spaciously designed 4 bedroom, 3.5 bath home offering over 3,000 square feet of comfortable living space. Perfect blend of modern living and family-friendly convenience! Inside, you'll find an open and inviting floor plan that effortlessly flows from room to room. The large kitchen, equipped ample cabinetry and a large center island, is perfect for cooking and entertaining. The family room, formal dining room and living areas offer a cozy place to relax and unwind. The master suite is a true retreat and the three additional bedrooms are generously sized; perfect for family or guests. Easy access to parks, shopping, and dining, this property offers the ideal lifestyle for those seeking both comfort and convenience. Don't miss the opportunity to make this home your own!

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

Annual Financial Highlights

Expected Rent

$32,490

Expenses

-$6,135

Property Taxes

-$6,490

Loan Payments

-$19,022

Net Cash Flow

$843

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:Kelly Abbott
Agent License 2007003182
Howard HannaRealEstateServices
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #225007950
Last Updated: 03/16/2025 23:03
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