197 S Main St

London, OH 43140
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4 bd, 2 ba | 1,624 sqft | Built in 1930

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List Price
$169,000

Initial Investment

$46,053

Purchase Price

$169,000

Down Payment

25%

Rent

$1,790

Total Return

$142,403

Annualized Return

36.0%

Cap Rate

8.7%

Gross Yield

12.7%

Cash Flow

$4,679

Appreciation

11.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Large 2 story home situated on big lot with detached garage.Front porch, shared driveway & basement.Needs work.Property is being sod AS IS. Estate situation.

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

Annual Financial Highlights

Expected Rent

$20,406

Expenses

-$4,389

Property Taxes

-$2,150

Loan Payments

-$9,188

Net Cash Flow

$4,679

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:Cheri Gray
Buckeye Realty Group
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224011267
Last Updated: 04/22/2024 17:04
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