1311 Sullivant Ave
Columbus, OH 43223
List Price
$174,900
Initial Investment
$47,660Purchase Price
$174,900
Down Payment
25%
Rent
$1,450
Total Return
$101,395
Annualized Return
25.9%
Cap Rate
5.9%
Gross Yield
9.9%
Cash Flow
$235
Appreciation
9.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
3,720
HOA
None
Flood Risk
Not Required
GREAT FOR A FLIPPER, LANDLORD OR DIY BUYER. - This property is deeply discounted off of retail value and has been demoed out / rebuilt with new framing, & mechanicals. As of 4/6/2024 it is ready for the completion of drywall and cosmetic finishing touches. Finish the space to your liking! The roof , siding and windows are all new and provide savings on completion of the project. There is a large fenced in back yard and school directly across the street. Just minutes from STRT 315 & I-70.
See more in Analysis
Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644
Annual Financial Highlights
Expected Rent
$16,530Expenses
-$3,537Property Taxes
-$3,250Loan Payments
-$9,508Net Cash Flow
$235See 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 #224010176
Last Updated: 04/06/2024 15:04
MLS #224010176
Last Updated: 04/06/2024 15:04