Get Warm & Fuzzy With This 2 Bed BEAUTY
$59,900.00Price
It’s bloody freezing in Ohio at this time of the year so you need to find a way to get Warm & Fuzzy. Well, how about heating things up by adding this 2 bedroom bungalow to your ever growing real estate investment portfolio. This turnkey property is located in an area East of downtown Dayton that is currently undergoing major gentrification. The St Anne Hills Historic District and South Park have been heavily active with Burkhardt and Linden Heights being next to catch the overflow.
The area shows very strong comparable sales with similar properties selling anywhere from $55,000 - $78,000.
Known as the birthplace of aviation. Dayton features a fantastic array of big city amenities coupled with midwestern charm and hospitality. Located at the crossroads of America where I-75 north/south meets I-70 east-west, Dayton is the perfect destination for meetings, conventions, reunions, youth and amateur sports tournaments, group events, family vacations and weekend stop-overs. It’s Ohio travel at its best.
The all time high sale price for this property was $70,800 in 2003.
Details
Single Family Home
Property Type: Residential
Property Market: Dayton
Lot Size: 5,375 sq ft
Square Footage: 1,010 sq ft
Bedrooms: 2
Bathrooms: 1
Car: Garage
Property Pro-Forma Details
Monthly Rent: $725
Annual Rent: $8,700
Annual Net Return: $6,204
Cap Rate: 10%
Annual Expenses
Property Tax: $1,300
Insurance: $500
Management: $696