2328 Middlehurst Dr, Columbus, OH: 2-bedroom, 1-bath for sale, listing photoListing photo
Investment Opportunity · Hard Money Financing

2328 Middlehurst DrColumbus, Ohio

Columbus, OH 43219 · MLS 226032154

List price
$120,000
2 bd / 1 ba
Bedrooms / baths
840 sq ft
Living area

"Great opportunity for investors or buyers. Recent improvements include a roof less than 4 years old and a newer front porch, adding value and enhancing the home's curb appeal. Walking distance from South Mifflin Elementary School, located on a very quiet street. The property also features a huge yard with plenty of outdoor space, making this a great opportunity for an investor looking to add a solid property to their portfolio or a buyer looking for a home that needs some TLC."

Listed by Alicia Sweazy RE/MAX Partners (614) 561-1955

2328 Middlehurst Dr is a 2-bedroom, 1-bath home in Columbus, Ohio listed at $120,000 with 840 square feet. The seller is asking for cash or hard money, so it is priced here on our fix and flip loan: an investor with at least one completed project puts 10% down ($12,000), we fund the $92,400 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in Ohio or our Ohio hard money lending page.

From the listing. Great opportunity for investors or buyers. Recent improvements include a roof less than 4 years old and a newer front porch, adding value and enhancing the home's curb appeal. Walking distance from South Mifflin Elementary School, located on a very quiet street. The property also features a huge yard with plenty of outdoor space, making this a great opportunity for an investor looking to add a solid property to their portfolio or a buyer looking for a home that needs some TLC.

01 - Price This Property

Hard money financing on 2328 Middlehurst Dr: what you qualify for.

Preset with the list price and our rough renovation estimate. Change your score, your experience, the budget or the after-repair value and the numbers below move with them. Nothing is pulled and nothing is saved.

List price $120,000
State OH

Type a number, like 720. A ballpark is fine and nothing is pulled. Leave it empty if you have no score.

Flips, rentals bought and sold, or builds. Decides the down payment.

Our super rough estimate at $110 per sq ft. Put in your contractor's number if you have one.

The loan stays under 75% of it. Leave blank to size on the price alone.

  1. 1. Your score740Qualifies, high-score terms
  2. 2. Your experience1 to 2 projectsTier 2: 10% down
  3. 3. Down payment10% down$12,000 at closing
You qualifyAt a 740 score with 1 completed project, you qualify for 10% down on this property with the renovation funded.
Fix and flip, experienced

10% down

We fund 100% of the renovation. Closes in 2 weeks.

Cash to close, rough estimate $19,396
Loan at closing $108,000
Rate, interest only from 9.75%
  • A 740 or better score on a purchase under $750,000 gets the high-score terms: the loan can reach 90% of after-repair value instead of 75%.
  • Experience Tier 2 on 1 completed project in three years: 10% down, 100% of the renovation funded.
02 - The Numbers at Closing

2328 Middlehurst Dr priced at the list price.

ItemFix and flip: 10% down
At closing
Qualifies as enteredYes
Buyer down payment$12,000 (10%)
Loan at closing$108,000
Full renovation, rough estimate*We fund $92,400
Total loan$200,400
Rate, interest onlyfrom 9.75%
Points1.5 ($3,006)
AppraisalRequired
Estimated monthly interest$1,628 at full draw
Cash to close, rough estimate$19,396

Rough estimates at the list price of $120,000 for a 740 score and 1 completed project. This is not a commitment to lend.

*Every figure on this page is a rough estimate. The renovation budget is a super rough placeholder at $110 per sq ft, not a bid or an inspection; get your own contractor numbers before you offer. Indicative estimate for discussion, not a commitment to lend. Business-purpose loans to investors only; final terms are set at submission. Fix and flip loans are sized on an appraisal and must stay under 75% of after-repair value. 10% down is for experienced investors; first-time flippers put 20% down. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.

We are the lender, not the listing agent. This property is listed by Alicia Sweazy, RE/MAX Partners ((614) 561-1955). To see it or make an offer, contact Alicia directly, or work with your own buyer's agent. The numbers on this page are simply what our financing would look like on this property. Viewing them is not a commitment to borrow from us, and you are free to finance the purchase however you choose. We do not represent buyers or sellers.

More hard money deals in Columbus All Ohio opportunities Hard money lender in Ohio Fix and flip loans Every live opportunity

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