1040 Secrest Ave
Columbus, OH 43207
List Price
$235,000
Initial Investment
$64,038Purchase Price
$235,000
Down Payment
25%
Rent
$1,360
Total Return
$149,017
Annualized Return
25.5%
Cap Rate
3.9%
Gross Yield
6.9%
Cash Flow
-$4,282
Appreciation
11.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
7,841
HOA
None
Flood Risk
Not Required
Welcome home to this charming 3 bedroom and 1 bathroom ranch. Walking through the front door you'll find the living room with updated flooring and a large window letting in plenty of natural light. Off of the living room is the Kitchen and dining area. All three bedrooms offer plenty of room and closet space. The bathroom has been remodeled. Outside there is a 3 season room and a fenced in backyard. With updates to big ticket items like HVAC, Roof, and flooring there's nothing left to do but move in and make this great home yours. Schedule your showing today!
See more in Analysis
Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644
Annual Financial Highlights
Expected Rent
$15,504Expenses
-$2,760Property Taxes
-$4,250Loan Payments
-$12,776Net Cash Flow
-$4,282See 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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SourceColumbus and Central Ohio Regional MLS
MLS #225011537
Last Updated: 04/29/2025 11:04
MLS #225011537
Last Updated: 04/29/2025 11:04