378 Maple Ave

Newark, OH 43055
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2 bd, 1 ba | 1,080 sqft | Built in 1900

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List Price
$129,900

Initial Investment

$35,398

Purchase Price

$129,900

Down Payment

25%

Rent

$1,270

Total Return

$90,736

Annualized Return

31.8%

Cap Rate

8.3%

Gross Yield

11.7%

Cash Flow

$3,059

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,356

HOA

None

Flood Risk

Not Required

Back on the market! Don't miss out this time!
Fully Renovated & Move-In Ready!
Welcome to 378 Maple, a beautifully updated two-story home in historic Newark. Renovated down to the studs in 2023 with new drywall, carpet, kitchen, bathroom, and stainless steel appliances. Features 2 bedrooms upstairs, first-floor laundry, and a flexible bonus room perfect for an office or second living space. Enjoy a fenced backyard, ideal for pets or entertaining. Major updates include a new furnace, A/C, and electric water heater in 2023. Perfect for first-time buyers, investors, or anyone looking for a turnkey home. Immediate possession available - don't miss this one!

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

$14,478

Expenses

-$3,117

Property Taxes

-$1,240

Loan Payments

-$7,062

Net Cash Flow

$3,059

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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Similar Listings



Listing Courtesy of:Andrew Joseph
Agent License 2024002970
Shai-Hess Commerical Real Estate, LLC
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #225012061
Last Updated: 07/20/2025 14:07
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