1775 Alcoy Dr

Columbus, OH 43227
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3 bd, 1 ba | 918 sqft | Built in 1959

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List Price
$185,000

Initial Investment

$50,413

Purchase Price

$185,000

Down Payment

25%

Rent

$1,390

Total Return

$118,644

Annualized Return

27.3%

Cap Rate

5.6%

Gross Yield

9.0%

Cash Flow

-$385

Appreciation

10.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,821

HOA

None

Flood Risk

Not Required

Check out this updated 3 Bedroom, 1 Bath home! Light and bright paint colors make this home feel warm and welcoming. Beautiful neutral LVP flooring and plush carpet throughout. Your kitchen features contrasting dark cabinets and brand-new stainless steel appliances in your eat-in kitchen. Washer dryer hookups, fenced yard, and shed for additional storage. Only minutes from 70 and S Hamilton Road, convenient to shopping & restaurants. Currently rented at $1295/mo. *Curb Offers Only **Owning entity has one more licensed Realtors in the State of Ohio. CA2A

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

Annual Financial Highlights

Expected Rent

$15,846

Expenses

-$2,823

Property Taxes

-$3,350

Loan Payments

-$10,058

Net Cash Flow

-$385

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:Eric Cliffel
KW Classic Properties Realty
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224040989
Last Updated: 11/20/2024 17:11
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