946 Lilley Ave

Columbus, OH 43206
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3 bd, 1 ba | 1,508 sqft | Built in 1940

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List Price
$215,000

Initial Investment

$58,588

Purchase Price

$215,000

Down Payment

25%

Rent

$1,760

Total Return

$107,445

Annualized Return

23.4%

Cap Rate

5.9%

Gross Yield

9.8%

Cash Flow

$157

Appreciation

8.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

This home needs some minor repairs, but the neighborhood and potential value is there. This 3 bedroom, 1 bath home has great space! First floor living area offers get family space, large dining area, new granite countertops in the kitchen, area for a backdoor mud room and storage or if cleaned could move laundry room up to the first floor. Fenced in yard with mature trees and large deck!

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

Annual Financial Highlights

Expected Rent

$20,064

Expenses

-$4,218

Property Taxes

-$4,000

Loan Payments

-$11,689

Net Cash Flow

$157

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:Amanda Padamadan
Saxton Real Estate
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224008980
Last Updated: 03/28/2024 13:03
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