Bayside EquitiesOff-Market Acquisitions
1418 Maple Ridge Dr
All deals
AvailableFix & Flip

1418 Maple Ridge Dr

Columbus, OH 43224 · Franklin County

Asking

$118,000

ARV

$215,000

Est. spread

$55,000

All-in / ARV

74%

Underwriting

The numbers

Purchase (assignment price)$118,000
Estimated repairs+ $42,000
All-in basis$160,000
After-repair value (ARV)$215,000
Gross spread$55,000
Return on basis (before costs)34.4%
Market rent estimate$1,650/mo
Rent-to-basis (monthly)1.03%

Holding, closing and financing costs not included. Verify all figures independently.

The opportunity

Classic craftsman bungalow in an appreciating North Linden pocket. Roof is 6 years old; needs kitchen, baths, flooring and paint. Comps within 0.5 mi closed at $205k–$228k in the last 90 days.

  • Roof replaced 2020
  • Full basement
  • Detached 1-car garage
  • Comps support $215k ARV

Property facts

Property type
Single Family
Strategy
Fix & Flip
Beds / Baths
3 bd · 1.5 ba
Living area
1,340 sf
Lot
6,500 sf (0.15 ac)
Year built
1954
Occupancy
Vacant
County
Franklin County, OH