Owner
$181,736
2478 STATE ROUTE 218, GALLIPOLIS, OH
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
2
baths
1
sq. ft.
825
property type
Single Family Residential
hoa
No
About
Residential
Building Quality C
Average Condition
Living Area
1 Story
Full Basement
Central
Frame
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1988
Building Size
825 sq ft
Lot Size
221,415 sq ft
Lot Size (Acres)
5.08 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
00500123500
County
Gallia County, Ohio
Metro Area
Gallipolis, OH
Zoning
—
Neighborhood/Subdivision
—
Lot Number
—
School District
Gallipolis City School District
Legal Description
MID N E 1/4 BY SURVEY V267 P339
Tax & Value Information
Market Value (Total)
$111,240
Building Value
$83,820
Land Value
$27,420
Annual Property Tax
$1,274
Tax Assessment Year
2024
Assessed Value
$38,940
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
5/1/1987
Recording Date
5/1/1987
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$7,032
Return on Investment
15.60%
After Repair Value
$199,910
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$163,562
Renovation Cost
$9,087
Closing Costs (buying)
$3,271
Holding Costs
$4,962
Selling Costs
$11,995
Total Investment
$45,071
After Repair Value (ARV)
$199,910
Total Costs
$192,877
Estimated Profit
$7,032
Cash Invested
$41,799
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area