177 Lennox Ave

Columbus, OH 43228
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3 bd, 2 ba | 1,333 sqft | Built in 1933

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List Price
$264,700

$5.2K

Initial Investment

$72,131

Purchase Price

$264,700

Down Payment

25%

Rent

$1,730

Total Return

$142,872

Annualized Return

23.2%

Cap Rate

4.3%

Gross Yield

7.8%

Cash Flow

-$3,713

Appreciation

10.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,276

HOA

None

Flood Risk

Not Required

This home qualifies for 100% financing with NO MORTGAGE Insurance. This magnificent 3 bedroom, 2 full bathroom house with a spacious 4-car garage is the epitome of relaxation and comfort. Nestled in a peaceful neighborhood, this property offers an exceptional living experience for families and car enthusiasts alike. The following updates have been made in 2023: New Kitchen (Cabinets, Appliances, Countertops), Freshly Painted, Repaired the Chimney (Stucco, New Chimney Cap and Painted), New Garage Door & Opener, New Flooring throughout and Updated Bathrooms. In 2024: New Roof and Windows.

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

$19,722

Expenses

-$4,144

Property Taxes

-$4,900

Loan Payments

-$14,390

Net Cash Flow

-$3,713

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

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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:Shaunte Jackson
Red 1 Realty, LLC.
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224010885
Last Updated: 04/25/2024 22:04
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.