2404 Bancroft St

Columbus, OH 43211
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2 bd, 1 ba | 948 sqft | Built in 1942

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List Price
$164,900

Initial Investment

$44,935

Purchase Price

$164,900

Down Payment

25%

Rent

$1,310

Total Return

$87,267

Annualized Return

24.4%

Cap Rate

5.9%

Gross Yield

9.5%

Cash Flow

$231

Appreciation

8.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,970

HOA

None

Flood Risk

Not Required

Welcome to 2404 Bancroft in East Linden! This delightful, move-in-ready ranch is conveniently located near local amenities. Inside, you'll find fresh neutral flooring, new paint, and stylish lighting throughout. The beautifully renovated kitchen features brand-new cabinets, sleek stainless steel appliances, quartz countertops, and a cozy eat-in area. The home offers two spacious bedrooms and a versatile flex space that can serve as a third bedroom or office. A well-appointed bathroom, a spacious basement with ample storage, and a new water heater complete the home. With plenty of off-street parking, this is a must-see! Owner/Agent - See A2A.

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

Annual Financial Highlights

Expected Rent

$14,934

Expenses

-$2,738

Property Taxes

-$3,000

Loan Payments

-$8,965

Net Cash Flow

$231

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:James Ross
Agent License 2015001860
Red 1 Realty
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #225002256
Last Updated: 01/24/2025 20:01
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