This 3 bedroom, 1 bath home is nestled in a pleasant looking neighborhood on the west side of Dayton. Most of the properties in that area are brick and are nicer than this one, which gives it an upward price value. I have not inspected the inside of the property to date but according to the owner, it is rent ready with a tenant paying $600/mo. There is no central air and the windows are original. Great opportunity for a new investor! The ARV is about $32,000-$35,000. I do not see any major expenses needed. Financing is available at 8%. Price is $24,900 ROI-Cash on Cash is a 17% return-potential for higher.
Contact Kim Terry at 513-299-8672