House-for-sale-Columbus OH 43223 – Priced 40% Below Market

house-for-sale-Columbus OH 4322340% Below Market-Columbus OH House for Sale

    House-for-sale-Columbus OH 43223 is listed on the cloumbus-mls for      $30,000.00. This mls-home is rented at $825.00 a month to a tenant in their 11th    month with plans to renew the lease.  This House-for-sale-Columbus OH 43223 is   a 3 bed room 2 full bath house for sale.    This mls-home is located at 927    Sullivant Ave in Columbus Ohio with the zip code being 43223. In the front of the house you walk into the living room; the dining room and kitchen are to the rear of the house, with a mud room located at the back door. Up the stairs and on the 2nd floor there are 3 bed rooms and a full bath.

As of June 10th 2015 there are 69 homes for sale on the Columbus-MLS . The average sales price for zip code 43223 is $53,543 and the median sales price being $51,000.   The House-for-sale-Columbus OH 43223 located at 927 Sullivant Ave is priced at 40% below the average sale price for zip code 43223.  The properties gross annual income is $9900.00. The tenant is responsible and pays all utilities, the landlord pays the taxes of $1,003.22 . The net annual income on the property is $6916.78 for a cap rate of 23%

For more Information call 1-888-851-5116 EXT 753

Between the peak housing year of 2005 and last year, average home prices fell about 30 percent in the west side Columbus neighborhoods compared with about 12 percent throughout central Ohio. In the same period, the number of home sales plummeted about 40 percent on the West Side, compared with 28 percent regionally.

This year, however, the numbers have improved: During the first eight months, home sales rose in the west side  zip codes for the first time since 2005.

Jim Weiker from the Columbus-dispatch  states “In the 43223 zip code, the average sale price has jumped 18 percent from a year ago.”  Homes for sale on the west side are being bought by home owners and real estate investors.

The demographics of homes for sale 43223

The estimated population for the area is at 27,210 people with 51% being female and 49% being male. 41% of people are married, 29% single, 9% separated, 8% widowed, and 14% divorced according to Realist.com. The population Growth (since 2000) is 1% and the Population Density (ppl / mile) is 2477.

The occupancy for real estate Columbus OH in zip code 43223 is 46% owner occupied, 39% rented, with a 15% vacancy rate. The average rents for a 2 bed room are $625, for a 3 bed room $800 and for a 4 bed room $900.00. The cause for the demand in rentals is caused by the commerce that Columbus OH has seen over the last couple of years, and the decline of unemployment for the area.

The house-for-sale-Columbus OH 43223  is the perfect opportunity for the buy and hold investor.

For more information on 927 Sullivant Ave call Columbus-Realtor Roger Loesel at 1-888-815-5116 EXT 700 he will set up a private showing on the house-for-sale-Columbus OH 43223

house-for-sale-Columbus OH 43223

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About corillc

Central Ohio Real Estate Investment LLC - CORI LLC provides honest solutions for OH house sellers; who need to sell fast. We are a local Franklin County home buying service, located at 1900 Polaris Pkwy STE 450-048 Columbus OH 43240. To Learn How to Sell Your House Fast Call 614-412-4403 We help investors with their goals, to grow their portfolio for better returns. Call 614-333-0546 for more Info Columbus Residence can become homeowners with our owners finance program. We have a licensed Realtor on staff to help you with the home buyer programs. Call 614-412-4106 to find out How All the transactions that Central Ohio Real Estate Investment LLC participates in is handled by a licensed Realtor Roger Loesel with Ditter & Associates. Roger's Bio Roger Loesel is originally from Michigan and after graduating from high school went into the US Army Infantry program. Roger excelled in the program and was chosen to enter the US Army Ranger program and was stationed at Hunter Army Air Field in Savanna GA. After 4 years of active service in the Ranger program Roger retired and moved to Ohio. In Ohio Roger attended Northern Kentucky University and studied Marketing. In 2009 Roger Loesel got his Ohio Real Estate license and specialized in working with Columbus OH Home Sellers, individuals looking for a better return in Franklin County and Columbus Residence wanting to be home owners.

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