2555 Old US Highway 40 NW
London, OH 43140
List Price
$335,000
Initial Investment
$91,288Purchase Price
$335,000
Down Payment
25%
Rent
$2,200
Total Return
$222,968
Annualized Return
27.6%
Cap Rate
5.2%
Gross Yield
7.9%
Cash Flow
-$1,897
Appreciation
11.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
10,360
HOA
None
Flood Risk
Not Required
Introducing a delightful brick ranch nestled in London, Ohio, boasting a rich history of cherished memories since 1976. This home radiates timeless charm and offers three bedrooms, two baths, and a spacious living area, perfect for anyone seeking comfort and space. Noteworthy is the expansive four-car garage (two car attached and two car detached), a dream for car enthusiasts or those in need of ample storage. Cozy up by the fireplace during chilly winters, and relish summers on the inviting enclosed patio. Positioned in a prime location, this property combines the allure of small-town living with convenient access to local amenities. Don't let this opportunity slip away - schedule a viewing today and unlock the potential of this forever home!
See more in Analysis
Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644
Annual Financial Highlights
Expected Rent
$25,080Expenses
-$4,464Property Taxes
-$4,300Loan Payments
-$18,212Net Cash Flow
-$1,897See 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 #224009255
Last Updated: 03/30/2024 14:03
MLS #224009255
Last Updated: 03/30/2024 14:03