1311 Sullivant Ave

Columbus, OH 43223
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3 bd, 2 ba | 1,193 sqft | Built in 1928

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List Price
$200,000

Initial Investment

$54,500

Purchase Price

$200,000

Down Payment

25%

Rent

$1,480

Total Return

$111,311

Annualized Return

24.8%

Cap Rate

5.5%

Gross Yield

8.9%

Cash Flow

-$604

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,920

HOA

None

Flood Risk

Not Required

Welcome home to this beautifully renovated gem! Nearly every detail has been updated, making this home truly stand out from the rest. With its modern upgrades and inviting charm, it's a place anyone would be proud to call home.
Prime Location! Nestled in the heart of the city, you're just moments from trendy shops, local eateries, downtown, and major highways—offering the perfect blend of convenience and urban living.

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

$16,872

Expenses

-$3,003

Property Taxes

-$3,600

Loan Payments

-$10,873

Net Cash Flow

-$604

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:Jason Hick
Agent License 2023004414
List
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #225004896
Last Updated: 05/01/2025 22:05
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.