1855 Jermain Dr

Columbus, OH 43219
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2 bd, 1 ba | 1,022 sqft | Built in 1955

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List Price
$169,900

$5K

Initial Investment

$46,298

Purchase Price

$169,900

Down Payment

25%

Rent

$1,130

Total Return

$94,138

Annualized Return

23.6%

Cap Rate

4.3%

Gross Yield

8.0%

Cash Flow

-$2,427

Appreciation

10.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Welcome to 1855 Jermain Dr! This lovely home has been completeley renovated from head to toe! Enjoy maintenance free living wtih completely renovated kitchen, bathroom, new air conditioning, new electriction, new garage doors and more. Basement has been partially finished with waterproofing and a whole house drainage system and new sump pump. Roof is aproximately 6 years old. Back yard features a brand new privacy fence and large detached garage! Don't miss out on this home!

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NEIGHBORHOOD

SCHOOLS

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Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644

Annual Financial Highlights

Expected Rent

$12,882

Expenses

-$2,822

Property Taxes

-$3,250

Loan Payments

-$9,237

Net Cash Flow

-$2,427

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:Abigail Swihart Valentine
Abigail Swihart Valentine
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #223031711
Last Updated: 10/17/2023 21:10
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.