10 Western Ave

Newark, OH 43055
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3 bd, 2 ba | 1,296 sqft | Built in 1888

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List Price
$149,900

Initial Investment

$40,848

Purchase Price

$149,900

Down Payment

25%

Rent

$1,310

Total Return

$96,686

Annualized Return

29.1%

Cap Rate

7.3%

Gross Yield

10.5%

Cash Flow

$2,019

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

High Risk - Zone AE

Welcome to this 3 bedroom 2 bathroom home in the heart of Newark. This property features a first floor primary bedroom, beautiful carpet and flooring throughout, and a stunning kitchen. Additional features include a screened in front porch and an oversized 1.5 car garage. Close to restaurants, parks, schools and within walking distance to Newark Station. Come visit today! Ask about the $20,000 Down Payment Grant programs available!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644

Annual Financial Highlights

Expected Rent

$14,934

Expenses

-$3,416

Property Taxes

-$1,350

Loan Payments

-$8,149

Net Cash Flow

$2,019

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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Similar Listings



Listing Courtesy of:Donald Payne
Agent License 285166
Vision Realty, Inc.
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224013327
Last Updated: 05/02/2024 17:05
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.