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2BR Home in Columbus , OH
About This Property
(Columbus, OH) Owner Finance — 4% Rate, Tenant In Place, s Day 1 Tenant-occupied 2/1 in North Linden, walkable to Columbus Preparatory Academy and Metro Schools (both A-rated) — part of the city's active Linden Community Reinvestment Plan, with Habitat for Humanity and One Linden renovating the block for years. Renter-majority area (55.8%) with an 8.5% average gross rental yield. Purchase Price: $205,000 Contact for details on down payment Owner-Financed Balance: Contact for details @ 4%, 20-yr amortization, 5-yr Payment: $484.79/mo | due Yr 5: Contact for details No bank. No appraisal. No underwriting. 4% is below anything a lender is offering right now. Property: 2 bed / 1 bath, 1,000 sqft, built 1925, 4,522 sqft lot. Occupancy: Tenant-occupied, month-to-month (no lease to wait out), paying Contact for details/mo, willing to stay. Market rent Contact for details+ — buyer can move rent up with standard notice, no lease expiration to wait on. At current rent (Contact for details): +$339/mo At market rent (Contact for details): +$489/mo (Taxes Contact for details/yr, insurance $765/yr included) Comps (sold):1544 Briarwood Ave (same street) — Contact for details 972 sqft1607 Briarwood Ave (same street) — Contact for details 1,100 sqft1562 Myrtle Ave — Contact for details 984 sqft1375 Loretta Ave — Contact for details 1,100 sqft range supported: Contact for details–Contact for details. You're financing in at a steep discount with a rate you can't get anywhere else and a tenant already paying. Full address and photos released on request. Mauricio — Roque Investor Club (786) 322-3646
Features & Highlights
Financing Details
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