2544 McGuffey Rd

Columbus, OH 43211
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3 bd, 1 ba | 1,179 sqft | Built in 1940

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List Price
$135,000

Initial Investment

$36,788

Purchase Price

$135,000

Down Payment

25%

Rent

$1,290

Total Return

$79,407

Annualized Return

27.3%

Cap Rate

7.2%

Gross Yield

11.5%

Cash Flow

$1,689

Appreciation

8.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Discover the potential in this charming Cape Cod home, featuring 3 cozy bedrooms and 1 bathroom. This property is in need of some TLC, making it the perfect canvas for your creative vision. Two of the bedrooms are conveniently located on the main floor, while the third bedroom spans the entire upstairs, offering plenty of space and privacy. The kitchen provides ample room for a table and chair set, making it an inviting space for meals and gatherings. Step outside to enjoy the brand new deck, perfect for relaxing or entertaining. Priced to sell quickly, this home is an ideal opportunity for investors or DIY enthusiasts looking for a rewarding project

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

Annual Financial Highlights

Expected Rent

$14,706

Expenses

-$3,127

Property Taxes

-$2,550

Loan Payments

-$7,339

Net Cash Flow

$1,689

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:Kathryn Harr
RE/MAX ONE
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224025308
Last Updated: 07/22/2024 23:07
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