198 Stevens Ave

Columbus, OH 43222
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3 bd, 2 ba | 1,076 sqft | Built in 1900

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List Price
$196,999

Initial Investment

$53,682

Purchase Price

$196,999

Down Payment

25%

Rent

$1,360

Total Return

$94,741

Annualized Return

22.0%

Cap Rate

5.0%

Gross Yield

8.3%

Cash Flow

-$1,516

Appreciation

8.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,792

HOA

None

Flood Risk

Not Required

Come check out this beautifully remodeled 3 bedroom 2 bathroom home in the highly sought after Franklinton! With plenty of restaurants, shopping, freeways and just a stones throw away from downtown Columbus, this house is waiting on you to call home!

See more in Analysis
Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644

Annual Financial Highlights

Expected Rent

$15,504

Expenses

-$2,760

Property Taxes

-$3,550

Loan Payments

-$10,710

Net Cash Flow

-$1,516

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:Dylan Walker
Agent License 2022004024
Vision Realty, Inc.
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #225008782
Last Updated: 04/26/2025 17:04
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