1109 Fairwood Ave

Columbus, OH 43206
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3 bd, 3 ba | 1,222 sqft | Built in 2010

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List Price
$230,500

Initial Investment

$62,811

Purchase Price

$230,500

Down Payment

25%

Rent

$1,680

Total Return

$110,841

Annualized Return

22.4%

Cap Rate

5.4%

Gross Yield

8.7%

Cash Flow

-$651

Appreciation

8.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,356

HOA

None

Flood Risk

Not Required

Built in 2010, this ranch home is located in the heart of one of Columbus' most sought-after neighborhoods. providing over 1350 square feet of living space 1109 Fairwood includes 3 bedrooms 2 full baths on the entry level with an open floor plan. The finishable basement includes a flex room, 1/2 bath and egress window. All appliances stay.
Tax abated through 2025.

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

$19,152

Expenses

-$3,122

Property Taxes

-$4,150

Loan Payments

-$12,531

Net Cash Flow

-$651

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:Yelonda Masten
Agent License 2019004372
Di Lusso Real Estate
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224037438
Last Updated: 06/15/2025 21:06
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.