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Coventry Township OH 44319

Asking Price

$125,000

Beds

3

Baths

1

Square Footage

1,160 sqft

Property Type

Single Family

Year Built

1925

Lot Size

5,000 sq ft

About This Property

Investors — here’s an opportunity to take on a value-add rehab project in Coventry Township. This property requires cleanup and repairs, but it also comes with an additional vacant parcel directly behind the house, providing extra land and potential upside for the right investor.

PROPERTY HIGHLIGHTS

  • - Single-family property

  • - 3 beds/1 bath

  • - 1,160 sq ft

  • - 5,000 sq ft lot

  • - 1925 YB

  • - No garage

  • - Partial basement + partial crawl space

  • - Separate vacant parcel included behind the house

  • - Vacant parcel sits at a higher elevation

  • - PVC plumbing

  • - Sold AS-IS

PROPERTY CONDITION

• Roof damage — roof repairs/replacement may be needed

• No functional furnace

• No air conditioning

• Plumbing issues throughout the property

• Toilets currently not flushing

• Kitchen sink is clogged

• Plumbing is PVC

• Cleanup needed

BONUS LAND

The property includes a separate vacant parcel behind the house. The additional parcel sits at a higher elevation and may provide potential for future use, subject to zoning, access, utilities, survey, and township requirements.

Call/Text Laith (856) 804-1576 to lock it in

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Estimated Net Profit

$29,750

ROI: 23.1%·Cash-on-Cash: 96.7%

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Project Breakdown

Sale Price (ARV)
$175,000
Purchase Price
$125,000
Rehab Budget
$0
Interest (12%, 4 mo)
$4,000
Points (2%)
$2,000
Closing Costs (3%)
$3,750
Selling Costs (6%)
$10,500
Total Cash Required
$30,750
Net Profit
$29,750

Estimates only. Verify prices, rents, and repair scope with your own due diligence before making an offer.

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