$145,900$132/sqft
Rosehill RdReynoldsburg, OH 43068
3 bd1 ba1,109 sqftRanch
ARV$265k
Price to ARV55%
Spread$78k
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- Schrock Rd
Ranch · Sold
Schrock Rd, Westerville, OH
1960s brick ranch in Westerville, cosmetic project
3Bedrooms
2Bathrooms
2,113Square feet
1964Year built
The deal
| Asking price, fee included | $208,100 |
|---|---|
| After repair value (ARV) | $375,000 |
| Price per square foot | $98 |
| Price as a share of ARV | 55% |
| Projected spread after repairs, before your costs | $116,900 (31% of ARV) |
ARV from renovated sales within a half mile in the last six months. The spread allows for the work the house needs, based on our walkthrough with our contractors. Honest estimates, not a guarantee. Run your own numbers below.
About this property
A weekend investor's first deal. 1960s brick ranch on a quiet street in Westerville. Light work only. Finished houses on these streets have been selling around $375,000, and buyers here pay for move-in ready. Assignable contract, close in three weeks or less.
Best fit: Fix and flip, Turnkey. Lot: 0.08 acres. Built: 1964.
Details
- Move-in timeline of weeks, not months
- Paint, floors, kitchen and bath and it is done
- Mechanicals updated in the last ten years
- Replacement windows
Run your own numbers
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Location
Schrock Rd, Westerville, OH 43081. Approximate location. The exact address comes with the walkthrough.
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