1024 Oldcastle RdLewis CenterOH43035
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lewis Center at 1024 Oldcastle Rd, Lewis Center, OH, 43035 priced at $576,900 converts $2,879/mo rent into after a $2,824/mo obligation. Total monthly income equals $2,879/mo. Return on cash invested prints 14.27% in year one, and rental yield reads 5.99% against a $576,900 entry. Equity gained on principal adds $3,723/yr, while 5% annual appreciation compiles into $159,387 by year five. Five-year ROI reaches 73.07% and total cumulative return in cash sums $138,691. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,879/mo property income covering a $2,824/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43035, Lewis Center, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,726 (100%) |
| Owner Occupied HU | 9,292 (73.0%) |
| Renter Occupied HU | 2,901 (22.8%) |
| Vacant Housing Units | 533 ( 4.2%) |
| Median Home Value | $464,038 |
| Average Home Value | $490,137 |
Housing Distribution
Address Breakdown
Residential
12,819
Single Family
12,755
Multi-Family
64
Businesses
1,005
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Listed by: N/A • Pulte Homes
Mls Name: Pulte
Mls Provider:
Mls ID: #N/A