298 Clarendon Ave
Columbus, OH 43223
List Price
$224,900
Initial Investment
$61,285Purchase Price
$224,900
Down Payment
25%
Rent
$1,490
Total Return
$116,490
Annualized Return
22.9%
Cap Rate
4.7%
Gross Yield
8.0%
Cash Flow
-$2,314
Appreciation
9.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
5,227
HOA
None
Flood Risk
Not Required
Welcome home to 298 Clarendon Ave in the eastern and growing in popularity Westside! Just minutes from downtown and everything the Franklinton Arts District has to offer! This home is fully updated featuring a first floor owner's ensuite with gorgeous coffered walls and large bath. Home boasts over 1500 sq feet of updated awesomeness! All new kitchen with stainless steel appliances, granite counter tops and a kitchen / dinner nook. Gorgeous formal diningroom, as well as living room. LVP flooring throughout. Master ensuite features walk in closet as well as huge bathroom. Home features a large fully fenced yard with gate and parking in the back. Brand new HVAC, Brand new Roof, Newer windows & newer HWheater! FHA and VA Welcome!
See more in Analysis
Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644
Annual Financial Highlights
Expected Rent
$16,986Expenses
-$3,024Property Taxes
-$4,050Loan Payments
-$12,227Net Cash Flow
-$2,314See 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:Brian Bainbridge
Agent License 2007003569
CRT, Realtors
Agent License 2007003569
CRT, Realtors
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #225007417
Last Updated: 03/19/2025 07:03
MLS #225007417
Last Updated: 03/19/2025 07:03