188 W Center St
London, OH 43140
List Price
$179,900
Initial Investment
$49,023Purchase Price
$179,900
Down Payment
25%
Rent
$1,390
Total Return
$133,385
Annualized Return
31.2%
Cap Rate
6.7%
Gross Yield
9.3%
Cash Flow
$1,552
Appreciation
11.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
7,841
HOA
None
Flood Risk
Not Required
Welcome to 188 W Center St, a charming 4-bedroom, 1-bathroom two-story home located in London, Ohio. This inviting property features a spacious main floor layout with a living room, a dedicated dining area, a functional kitchen, and the convenience of a main-floor bedroom and full bath. Upstairs, you'll find three additional bedrooms offering flexible space for family, guests, or a home office. Enjoy outdoor living with a large, fenced-in backyard—perfect for pets, entertaining, or gardening. Off-street parking adds everyday convenience, and the home's central location puts you close to schools, shops, and parks. Whether you're looking to invest or move in, this property offers strong potential—currently rented with a month-to-month tenant in place. A great opportunity for homeowners or investors alike!
See more in Analysis
Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644
Annual Financial Highlights
Expected Rent
$15,846Expenses
-$2,864Property Taxes
-$1,650Loan Payments
-$9,780Net Cash Flow
$1,552See 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 #225012473
Last Updated: 05/02/2025 11:05
MLS #225012473
Last Updated: 05/02/2025 11:05