2444 W Point Rd SE

Lancaster, OH 43130
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5 bd, 3 ba | 1,611 sqft | Built in 1972

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List Price
$379,900

Initial Investment

$103,523

Purchase Price

$379,900

Down Payment

25%

Rent

$2,220

Total Return

$182,932

Annualized Return

21.9%

Cap Rate

4.8%

Gross Yield

7.0%

Cash Flow

-$3,300

Appreciation

9.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

94,525

HOA

None

Flood Risk

Not Required

This beautifully remodeled country home combines modern comforts with timeless charm, all while offering breathtaking views of the surrounding countryside.
Step inside to discover a spacious and thoughtfully designed interior. The open-concept living area boasts abundant natural light, creating a warm and inviting space for relaxation or entertaining by the fireplace. The newly updated kitchen features stainless steel appliances.
This home offers 3 bedrooms and 3 bathrooms, including a primary suite with an ensuite bathroom. A finished basement provides additional living space, complete with a bonus room/game room/home office and bedroom.
Outside, enjoy panoramic views from the expansive front porch and huge back yard.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644

Annual Financial Highlights

Expected Rent

$25,308

Expenses

-$4,505

Property Taxes

-$3,450

Loan Payments

-$20,653

Net Cash Flow

-$3,300

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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Similar Listings



Listing Courtesy of:Tony Coakley
Agent License 2017001259
Bartlett Benner Realty, Inc.
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #225002232
Last Updated: 01/24/2025 18:01
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