681 Stewart Ave

Columbus, OH 43206
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3 bd, 1 ba | 879 sqft | Built in 1900

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List Price
$174,900

Initial Investment

$47,660

Purchase Price

$174,900

Down Payment

25%

Rent

$1,390

Total Return

$88,223

Annualized Return

23.6%

Cap Rate

6.0%

Gross Yield

9.5%

Cash Flow

$282

Appreciation

8.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,049

HOA

None

Flood Risk

Not Required

Great investment opportunity in Columbus, OH! Discover the charm of this beautifully renovated 3-bedroom, 1-bathroom two-story home in Southern Orchards, just minutes from Children's Hospital and Downtown Columbus. Step inside to find new flooring, modern fixtures, and clean white trim throughout. The kitchen boasts sleek stainless steel appliances and gorgeous butcher block countertops, perfect for any home chef. The unique layout provides both style and functionality, while the spacious backyard offers a private retreat for relaxation and gatherings. Conveniently located near schools, restaurants, hospitals, and shopping, this home is a must-see! This prime urban property offers a strong investment opportunity, benefiting from Columbus's rapid growth and high rental demand.

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

Annual Financial Highlights

Expected Rent

$15,846

Expenses

-$2,906

Property Taxes

-$3,150

Loan Payments

-$9,508

Net Cash Flow

$282

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:Michael Mundey
Agent License 2020004928
EXP Realty, LLC
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224031253
Last Updated: 03/03/2025 19:03
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