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Updated almost 7 years ago on . Most recent reply

User Stats

312
Posts
273
Votes
Gordon Starr
  • Rental Property Investor
  • Dayton, OH
273
Votes |
312
Posts

Cash flowing turnkey 3/1.5 SF in Dayton Ohio

Gordon Starr
  • Rental Property Investor
  • Dayton, OH
Posted

Buy this beautiful 3/1.5 bedroom single family house in the up and coming 45405 zip code of Dayton, Ohio. The taxes have been challenged and reduced to 70$/month making this property particularly strong in cash flow and value priced. The house has been tastefully rehabbed and detailed in regards the curb appeal. We expect to have the property rented by closing day and management is in place with a local PM that is highly recommended by BP members. All the mechanicals are in good shape and the asking price includes a brand new roof. See the photos on Zillow:

https://www.zillow.com/homes/for_rent/house,mobile...

Offering

Most Popular Reply

User Stats

312
Posts
273
Votes
Gordon Starr
  • Rental Property Investor
  • Dayton, OH
273
Votes |
312
Posts
Gordon Starr
  • Rental Property Investor
  • Dayton, OH
Replied

Hi BP members!

I would give the area a C plus. The plus because the building stock is beautiful with excellent quality smaller homes and the area is on an upswing. If people manicured the lawns more, it would be a B. I live very nearby and invest heavily (and very successfully) here.

The response to the rental I posted was impressive - over 50 inquiries in two days. I selected a double income couple with no kids, smoking, or pets. They had excellent references and clean records and are delighted to sign a three year lease to begin April 1. The place is available for viewing till then.

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