2981 Wendy Ln

Grove City, OH 43123
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3 bd, 1 ba | 950 sqft | Built in 1955

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List Price
$179,900

Initial Investment

$51,775

Purchase Price

$190,000

Down Payment

25%

Rent

$1,500

Total Return

$107,045

Annualized Return

25.1%

Cap Rate

5.6%

Gross Yield

9.5%

Cash Flow

-$338

Appreciation

9.6%
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Features

Occupancy

Vacant

Lot Size

8,415

HOA

None

Flood Risk

Not Required

Adorable and affordable! So much to love! Everything on one level! Large living room, eat in kitchen and updated bath. Fantastic corner lot with big fenced rear yard! 6' fence with privacy lattice and new concrete patio provides a great place to relax or entertain. Anderson windows and doors new in 2017, roof 2018, new flooring in 3rd bedroom/laundry in 2019. 3rd bedroom is being used as laundry but original hooks up are still available in kitchen. Oversized 2 car carport has built in storage with sheds and attic access. Unbeatable location to all Grove City has to offer.. Grove City Mount Carmel medical centers, metro park, skate park, Big Splash pool, convenient to historic Grove City restaurants, shopping, pubs and entertainment. Don't miss this one!

See more in Analysis
Harvey Yergin
Solutions for Real Estate
OH Agent License #2018004934

Annual Financial Highlights

Expected Rent

$17,100

Expenses

-$4,126

Property Taxes

-$2,982

Loan Payments

-$10,329

Net Cash Flow

-$338

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:Sheila Bell
Agent License 433517
EXP Realty, LLC
Certified Agent Brokerage:Harvey Yergin
Solutions for Real Estate
OH Brokerage License 2018004934
SourceColumbus and Central Ohio Regional MLS
MLS #221029933
Last Updated: 08/12/2021 07:08
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.