4196 ELBERN AVE

COLUMBUS, OH 43213
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3 bd, 1 ba | 1,268 sqft | Built in 1957

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List Price
$215,000

Initial Investment

$58,588

Purchase Price

$215,000

Down Payment

25%

Rent

$1,330

Total Return

$97,213

Annualized Return

20.5%

Cap Rate

4.3%

Gross Yield

7.4%

Cash Flow

-$3,125

Appreciation

9.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,970

HOA

None

Flood Risk

Not Required

This remodeled ranch in the heart of Whitehall offers modern living with a versatile floor plan. The home features a low-maintenance exterior, a carport with storage, and a fenced backyard complete with a patio and shed. Inside, enjoy new flooring throughout, a fully updated kitchen with stainless steel appliances, new counters, backsplash, and cabinets, plus a convenient laundry area with washer and dryer included. The dining room can double as a fourth bedroom with its own closet. Bedroom 1 features laminate flooring, Bedroom 2 offers brand new carpeting, and Bedroom 3 has direct access to a bright four-seasons room. The remodeled bathroom completes this move-in-ready home.

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

Annual Financial Highlights

Expected Rent

$15,162

Expenses

-$2,699

Property Taxes

-$3,900

Loan Payments

-$11,689

Net Cash Flow

-$3,125

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:Bethany Williams
Agent License 2020006762
Howard Hanna Real Estate Svcs
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #225011974
Last Updated: 04/19/2025 01:04
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