1660 Shady Lane Rd

Columbus, OH 43227
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4 bd, 2 ba | 1,426 sqft | Built in 1957

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List Price
$240,000

Initial Investment

$65,400

Purchase Price

$240,000

Down Payment

25%

Rent

$1,730

Total Return

$149,207

Annualized Return

26.4%

Cap Rate

5.2%

Gross Yield

8.7%

Cash Flow

-$1,386

Appreciation

10.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,002

HOA

None

Flood Risk

Not Required

Pro photos to come! Welcome to this charming 4-bed, 1.5-bath home with 1,426 sq ft of living space. As you step inside, you're greeted by an open living area that seamlessly connects the main spaces, creating an inviting atmosphere. Updated appliances in kitchen. The oversized primary bedroom offers a spacious retreat for relaxation. Perfect for anyone looking for a comfortable and well-designed home. 3 additional bedrooms offer more living area while sizable lot and no HOA offer flexibility.

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

Annual Financial Highlights

Expected Rent

$19,722

Expenses

-$3,511

Property Taxes

-$4,550

Loan Payments

-$13,048

Net Cash Flow

-$1,386

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:Leslie Nelson
Open Exchange Brokerage LLC
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224042150
Last Updated: 12/04/2024 18:12
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