3114 Dewbourne Dr

Reynoldsburg, OH 43068
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4 bd, 2 ba | 1,520 sqft | Built in 1982

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List Price
$269,000

Initial Investment

$73,303

Purchase Price

$269,000

Down Payment

25%

Rent

$1,830

Total Return

$149,812

Annualized Return

24.2%

Cap Rate

4.8%

Gross Yield

8.2%

Cash Flow

-$2,476

Appreciation

10.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,999

HOA

None

Flood Risk

Not Required

Welcome to 3114 Dewbourne Dr, a charming and fully renovated 4-bedroom, 2 bath home in the sought-after Reynoldsburg area. Situated in a quiet, family-friendly neighborhood, this home offers the perfect balance of modern updates and convenience. Outside, enjoy a full fenced backyard, perfect for kids, pets, or entertaining guests. Located just minutes from top-rated Reynoldsburg schools, local parks, shopping centers, and dining. This home provides easy access to major highways for a quick commute to Columbus or surrounding areas.

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

Annual Financial Highlights

Expected Rent

$20,862

Expenses

-$3,713

Property Taxes

-$5,000

Loan Payments

-$14,624

Net Cash Flow

-$2,476

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:Charles Scheiderer
Roby Realty
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224041206
Last Updated: 11/21/2024 23:11
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