2831 Fareham Ct

Columbus, OH 43232
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4 bd, 2 ba | 1,588 sqft | Built in 1967

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List Price
$235,000

Initial Investment

$64,038

Purchase Price

$235,000

Down Payment

25%

Rent

$1,820

Total Return

$136,450

Annualized Return

25.7%

Cap Rate

5.7%

Gross Yield

9.3%

Cash Flow

-$182

Appreciation

9.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,200

HOA

None

Flood Risk

Not Required

Groveport Schools4 Bedroom, 2 baths Three Level SplitSome remodeling done in 2013Long Term Rental Tenant Occupied.

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

$20,748

Expenses

-$3,754

Property Taxes

-$4,400

Loan Payments

-$12,776

Net Cash Flow

-$182

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:Thomas Fortin
Thomas Fortin & Company LLC.
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224040939
Last Updated: 11/20/2024 08:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.