359 Nashoba Ave

Columbus, OH 43223
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2 bd, 1 ba | 1,107 sqft | Built in 1925

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List Price
$109,900

Initial Investment

$29,948

Purchase Price

$109,900

Down Payment

25%

Rent

$1,270

Total Return

$79,263

Annualized Return

32.9%

Cap Rate

8.9%

Gross Yield

13.9%

Cash Flow

$3,077

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,276

HOA

None

Flood Risk

Not Required

Attention Investors, rehabbers, & landlords - jump on this opportunity! This 2 bedroom, 1 bath property is in an area poised for additional growth & presents a great equity opportunity based on renovated comparables. Good as a buy & hold or flip, this is a blank canvas for your next project. Needs to be renovated to get it market or rent-ready and is priced accordingly. Being sold AS-IS. See A2A Remarks

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

$14,478

Expenses

-$3,427

Property Taxes

-$2,000

Loan Payments

-$5,975

Net Cash Flow

$3,077

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:James Ross
Agent License 2015001860
Red 1 Realty
Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #225008170
Last Updated: 03/18/2025 17:03
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.