1214 W Mulberry St

Lancaster, OH 43130
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2 bd, 2 ba | 1,116 sqft | Built in 1912

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List Price
$209,000

Initial Investment

$56,953

Purchase Price

$209,000

Down Payment

25%

Rent

$1,540

Total Return

$116,483

Annualized Return

25.7%

Cap Rate

6.3%

Gross Yield

8.8%

Cash Flow

$1,169

Appreciation

9.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,227

HOA

None

Flood Risk

Not Required

Freshly painted, new kitchen with stainless steel appliances, 2 new bathrooms, new flooring and new AC. Detached garage & storage shed. Fenced in yard. Very nice home!
Member of the selling entity is a licensed Real Estate agent in the State of Ohio.
Seller has other properties in central Ohio that could be packaged with this property.

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NEIGHBORHOOD

SCHOOLS

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Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644

Annual Financial Highlights

Expected Rent

$17,556

Expenses

-$3,125

Property Taxes

-$1,900

Loan Payments

-$11,362

Net Cash Flow

$1,169

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:Tamara Adams
Agent License 2010003249
Rise Realty and Management Co.
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224036699
Last Updated: 06/16/2025 17:06
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