565 Sheldon Ave
Columbus, OH 43207
List Price
$149,900
Initial Investment
$40,848Purchase Price
$149,900
Down Payment
25%
Rent
$1,360
Total Return
$116,707
Annualized Return
32.1%
Cap Rate
6.9%
Gross Yield
10.9%
Cash Flow
$1,347
Appreciation
11.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
3,999
HOA
None
Flood Risk
Not Required
LOCATION, LOCATION, LOCATION! TWO-STORY HOME WITH OVER 1,200 SF ON A FENCED LOT WITH FRONT COVERED PORCH, SMALL REAR DECK AND 2+ CAR BLOCK GARAGE! JUST WAITING FOR YOUR CREATIVE UPDATES & PRICED ACCORDINGLY. NEARBY REMODELED HOMES ARE SELLING FOR SUBSTANTIALLY MORE! CLOSE TO EVERYTHING: FREEWAYS, CHILDREN'S HOSPITAL, THE AIRPORT, DOWNTOWN COLUMBUS, GERMAN VILLAGE, OSU, PARKS, BUS LINES, CHURCHES, DINING, SHOPPING & MORE! THE LIVING ROOM HAS A DECORATIVE FIREPLACE. FORMAL DINING ROOM/HOME OFFICE. 1ST FLOOR PRIMARY SUITE ADDITION HAS PRIVATE FULL BATH & STEP IN CLOSET. 2 SPACIOUS UPPER-LEVEL BEDROOMS. MUDROOM/OFFICE AREA WALKS OUT TO THE REAR YARD FULL BASEMENT, INSULATED WINDOWS, VINYL SIDING, NEW FURNACE (19) & MORE.
See more in Analysis
Brandon Goldsmith
Reaf Company LLC
OH Agent License #2020000644
Annual Financial Highlights
Expected Rent
$15,504Expenses
-$3,207Property Taxes
-$2,800Loan Payments
-$8,149Net Cash Flow
$1,347See 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:DeLena Ciamacco
RE/MAX Connection, Realtors
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Certified Agent Brokerage:Brandon Goldsmith
Reaf Company LLC
OH Brokerage License 2019001580
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OH Brokerage License 2019001580
SourceColumbus and Central Ohio Regional MLS
MLS #224041250
Last Updated: 11/22/2024 15:11
MLS #224041250
Last Updated: 11/22/2024 15:11